Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/great stagnation

Vague thoughts on a Sharp Essay

…irrationally convinced that he is smarter than the average investor is eggplant and ketchup souflé takes great effort, has little substance and is likely to collapse. You are aiming to…

Yglesias Wants to Soak the Rich

…In 1936 J Maynard Keynes responded to M Yglesias Since the end of the nineteenth century significant progress towards the removal of very great disparities of wealth and income has…

What Remains of the Keynesian Revolution ?

…by facts. There is no doubt that the IS-LM model is ad hoc as in developed during the great depression as part of an effort to understand what was going…

Best Stimulus Spending ?

…of the few great successes of chemotherapy (which also works for leukemia in children and Wilm’s tumor and usefully complements surgery for many tumors). However, sopme people still die of…