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Why you must learn to live with low population growth You need to think about policy differently in a flat-population economy than you did in the days when maturing Baby Boomers were rapidly swelling the workforce. Paul Krugman Share Last week the US Bureau of Labour Statistics reported much higher inflation than almost anyone predicted, and inflationistas – people who always predict runaway price rises, and have always been wrong – seized on the news as proof that this time the wolf is real. Financial markets, however, took it in stride. Stocks fell on the report, but they soon made up most of the losses. ....
15th February 2017 The “endless” 2008 crisis is producing difficult growth, excessive unemployment, increasing inequalities. All this is stimulating interest in the recurrent tendencies in capitalism to “secular stagnation”. The term was coined in 1938 by Alvin Hansen, who argued that the depression of the Thirties was not so much a severe cyclical crisis as a symptom of […] Foundation for European Progressive Studies Advertisement #Care4Care! It took us a global pandemic to realise that we depend on care. Despite all the clapping from the balconies, care workers continue to work in precarious and vulnerable conditions. Women, who represent 70% of the care workforce, continue to suffer from a severe lack of recognition for both their ....
MacroBusiness Access Subscriber Only Content TS Lombard with the note: In a recent podcast, the influential MMTer Stephanie Kelton claimed victory in the debate about fiscal policy, suggesting the US Congress was now taking her advice. Other commentators also sense a “regime shift” in macro policy, claiming we have reached the end of the Neoliberal era. While these declarations are premature–both in the US but especially in other parts of the world–there has long been a certain inevitability to MMT’s success. The idea that fiscal policy must take over from monetary policy has been increasingly obvious for years, especially given the perversity of the macro policy mix we have had since the Global Financial Crisis. Nominal bond yields at 700-year lows were a clear signal something had gone wrong. As we explained in a previous Macro Picture, policy-stabilization efforts have been retracting the long historical “supercycle”, with the recent era of secular sta ....
«Ce que traduit la hausse des Bourses? Confiance et espoir». La chronique de Bertrand Jacquillat lopinion.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lopinion.fr Daily Mail and Mail on Sunday newspapers.
Sobre a criação do império norte-americano, no raiar do fim port.pravda.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from port.pravda.ru Daily Mail and Mail on Sunday newspapers.