Actually, Economists Can Predict Financial Crises - Bloomberg
The implications of secular stagnation | Gavyn Davies
Maybe monetary policy ISN'T the right way to counteract this phenomenon? Is it just me or does that point stand out?
"If the secular stagnationists are right, there will still be a shortage of demand when the future comes around, so there will be a need for ever-greater injections of monetary stimulus (presumably through quantitative easing) in order to avoid an ever-worsening recession."
Summers on bubbles and secular stagnation forever | FT Alphaville
Secular Stagnation, Coalmines, Bubbles, and Larry Summers - NYTimes.com
"Summers's answer is that we may be an economy that needs bubbles just to achieve something near full employment - th...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.