Tag Archives: Secular Stagnation

The May 2016 Jobs Report Was Especially Bad. What Now? [Updated] | #CaliforniaPrimary on Blog#42

The Bureau of Labor Statistics’ May jobs report of only 38,000 new jobs was bad, even when adding in the Verizon strikers who are accounted for in the monthly count. Continue reading The May 2016 Jobs Report Was Especially Bad. What Now? [Updated] | #CaliforniaPrimary on Blog#42

Jared Bernstein: Full Employment, Trade Deficits, and the Savings Glut:

A Fascinating Debate in the Macro Blogosphere
Jared Bernstein | On the Economy  |   April 2nd, 2015

The macro blogosphere is on fire, as Bernanke, Summers, and Krugman are having a fascinating discussion that starts with secular stagnation (persistently weak demand, even in expansions), adds a strong dose of international trade with an emphasis on the Bernanke savings glut observations, and thus speaks to a lot of what we think about here at OTE.

Continue reading Jared Bernstein: Full Employment, Trade Deficits, and the Savings Glut:

Jared Bernstein: CBPP Forum: Full Employment

Our full employment event…the video!

March 31st, 2015 at 10:14 am

Watch it here, where ‘it’ is the event CBPP ran yesterday for our full employment project. Ben Bernanke–now a fellow blogger(!)–gave a great keynote speech wherein he made a connection that I view as very important: adding an international dimension to the secular stagnation discussion.

Continue reading Jared Bernstein: CBPP Forum: Full Employment

Defining Secular Stagnation | Economics

When we think of economic downturns, we generally think of them as flat up or down. We are all familiar with terms like recession. That is what we are now very slowly getting out of. We know, from our parents and grandparents, what the utter devastation of a depression is. We know, from our most recent experience, the Great Recession, what that feels like. Some months back, a term was added to the economic conversation: secular stagnation. Though the concept isn’t a new one, it has recently been reintroduced. Continue reading Defining Secular Stagnation | Economics

Une société sans croissance: la politique à l’heure de la «grande stagnation» | Slate fr

Limits of growth / net_efekt via Flickr CC
Fabien Escalona    [bing_translator]

L’entrée des démocraties occidentales dans une ère sans croissance paraît de plus en plus crédible. Or, le triomphe de l’Etat nation libéral-démocratique et social a été profondément lié aux «Trente Glorieuses». Que peut-on en attendre pour l’avenir de nos régimes politiques? Continue reading Une société sans croissance: la politique à l’heure de la «grande stagnation» | Slate fr