|Statement||by Conrad Gislason.|
|LC Classifications||HD82 .G53|
|The Physical Object|
|Number of Pages||222|
|LC Control Number||65000260|
“Growth or, rather, the lack of it is a key issue of our times. The Age of Stagnation provides a penetrating analysis of how a combination of the aftereffects of the Great Recession and deep-seated structural factors now cast a long shadow over the : Prometheus Books. These lectures contain a masterful summing-up of Nicholas Kaldor's critique of the foundations of mainstream economic theory. They provide a clear account of his theoretical structures on regional differences, primary producers and manufacturers, and on differing market structures and the likely course of prices and quantities in different markets over by: Demand-led growth and accommodating supply 6. Demand Drives Growth all the Way 7. The ‘Natural’ Interest Rate and Secular Stagnation: Loanable Funds Macro Models Don't Fit Today’s Institutions or Data 8. The The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class 9. The Deep Causes of Secular Stagnation and the Rise of Book Edition: 1. "Given the likelihood of recession, some desperate West Wing scribe might want to sneak a few thoughts from Vollrath's Fully Grown: Why a Stagnant Economy Is a Sign of Success into the State of the Union speech. Challenging the automatic equation between economic health and a growing gross domestic product, the author argues that capitalism 'has already supplied so much of the necessary stuff.
The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better is a pamphlet by Tyler Cowen published in It argues that the American economy has reached a historical technological plateau and the factors which drove economic growth for most of America's history are mostly spent. Stagnation is a prolonged period of little or no growth in an economy. Economic growth of less than 2 to 3% annually is considered stagnation, and it is highlighted by periods of high unemployment. Growth is active whereas stagnation is passive. Those who are stagnating have given up on what they can be and on what life can be. They’re likely to project these feelings onto the people around them, to see and treat others as if they have set and unalterable traits and abilities. Generativity versus stagnation is the seventh of eight stages of Erik Erikson’s theory of psychosocial stage takes place during middle adulthood between the ages of approximately 40 and
Additional Physical Format: Online version: Gislason, Conrad. Stagnation or growth. New York, Vantage Press, (OCoLC) Document Type: Book. The Great Stagnation, a 15, word e-book by economist Tyler Cowen, has become the most discussed non-fiction book of the year. The main thesis of the book is that advanced economies, particularly the American economy, have been facing low rates of growth because they have not experienced any scientific or technological paradigm shifts (to use /5(). Lawrence Summers reached back into the debate that took place in the s and resurrected the term “secular stagnation” to describe this situation of chronically slowing growth. (An e-book. "The new "it" book in Washington these days is The Great Stagnation, a short but provocative e-book by George Mason University economist Tyler Cowen. "- Brink Lindsey, "Avoiding The Coming Growth Slowdown," Forbes "His most recent work, The Great Stagnation, has quickly become one of the most talked-about books of the year among economics wonks.".