Tag Archives: larry summers

What does the Future Hold for Our Economy?

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Weekend Links: Understanding Piketty, Falling Interest Rates, Secular Stagnation, etc

Brad Delong has a great post that provides an analytical framework for understanding the historical narrative in Piketty’s new book. Barry Eichengreen has a nice piece on declining interest rates Larry Summers gave a talk at INET (starts at 45 … Continue reading

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Summers: We haven’t done it in 15 years and Japan hasn’t done it in a generation

Starts around the 9 min mark. HT: Mark Thoma

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America risks becoming a Downton Abbey Economy

From Larry Summers: Inequality has emerged as a major issue in the US and beyond. A generation ago it could reasonably have been asserted that the overall growth rate of the economy was the main influence on the growth in … Continue reading

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Fiscal Policy in a Changing World

From Larry Summers: I invite you to consider how the prodigious change associated with information technology that may be qualitatively different from past technological change may have defining implications for our economy going forward. If I have caused you to … Continue reading

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Larry Summers on why the economy is broken — and how to fix it

From Ezra Klein: Larry Summers on why the economy is broken — and how to fix it. In addition to the empirical observation that real interest rates over both the short and long term have declined substantially and the calculations suggesting … Continue reading

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Secular Stagnation & 3 Strategies for Financially Sustainable Growth

From Larry Summers: The challenge of secular stagnation, then, is not just to achieve reasonable growth but to do so in a financially sustainable way. There are, essentially, three approaches. The first would emphasize what is seen as the economy’s … Continue reading

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