Showing posts with label stagnation theories. Show all posts
Showing posts with label stagnation theories. Show all posts
Wednesday, April 22, 2020

What are the implications of declining productivity growth in high-income countries?

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The graph shown above indicates that productivity growth rates in high-income countries have declined. That decline seems evident even...
Tuesday, April 7, 2020

What are innovation commons?

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“An innovation commons is a system of rules for cooperation to facilitate pooling of information in order to maximize the likelihood of...
1 comment:
Tuesday, March 3, 2020

Is cultural change responsible for a long term decline in productivity growth?

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The story of cultural change that Edmund Phelps tells in Mass Flourishing has a happy beginning and a sad ending. Phelps’ cultural...
Saturday, January 19, 2019

Which of the western democracies will be able to cope with future growth in government health spending?

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The chart shows that those OECD countries with the greatest burden of debt servicing a decade ago have subsequently had the lowest gr...
11 comments:
Friday, April 27, 2018

Is Steven Pinker too optimistic about the future of liberal democracy?

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Steven Pinker’s aim in Enlightenment Now , The case for Reason, Science, Humanism and Progress, is “to restate the ideals of the Enlight...
Monday, March 20, 2017

Is the cycle of political complacency beginning to turn in the United States?

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The villain in Tyler Cowen’s latest book, The Complacent Class : The self-defeating quest for the American Dream, is “us”. Tyler is writing...
Sunday, February 28, 2016

Could Larry Summers be half-right about secular stagnation?

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When I read ‘ The age of secular stagnation ’ by Lawrence H Summers (published in Foreign Affairs (March/April 2016) I was pleasantly surpr...