…trade, their living standards have declined precipitously,” reminds me of something odd I read in “The Great Transformation” by Karl Polanyi (I sure hope Klein would be flattered by the…

Whither Ukraine? Or “wither Ukraine?” some might suggest? But no, after nearly 30 years of serious economic stagnation and massive corruption, along with losing territory to neighboring Russia with whom…

…The second century involves a flattening out and slowing of growth. In the third century corruption of the exams rises as does general corruption and stagnation as the incompetent bureaucracy…

…permanent stagnation, with many public services barely functioning and one of the largest foreign debts/GDP in the world, with these elites siphoning off massive via their corruption. Anger over this…

…privatization, have resulted in slower growth, greater income inequality, wage stagnation, and decreased labor market mobility. “Why are Men Detaching from the Labor Force?,” CONVERSABLE ECONOMIST, Timothy Taylor, January 15,…

…require large social exposure. And that means that large portions – maybe even a majority -of the economy will continue on a path of contraction or stagnation, leaving an ever…

…houses). I think this is the old capital formation obsessed Summers taking over from the new secular stagnation fearing Summers. But in any case, the argument makes no sense. It…

…the politics, especially his criticism of the Democratic left.  Let’s assume that the ARP steps too hard on the gas pedal and creates some risk of inflation/stagnation/recession.  That could happen,…

…first Democrat since Lyndon Johnson to forthrightly declare trickle-up is the party’s philosophy of growth. Indeed, Biden’s program is reminiscent of Johnson’s declaration on January 15, 1964, launching the Great…

…The important issue will be that the issues get resolved quickly enough so that there is not an episode of “stagnation” caused by resource constraints (a la the gas-fueled stagflation…