by Summary:
New paper by Lance Taylor in Challenge Magazine. From the blurb: Can America recover ideal rates of growth through interest-rate policies? This important analysis suggests that most economists misunderstand the issue. Updating Keynes, the analysis suggests that fiscal stimulus, labor union bargaining power, and more progressive income taxes are needed to support growth. (The article includes some algebra, which some readers may choose to skip.) Read full paper here.
Topics:
Matias Vernengo considers the following as important: Lance Taylor, Natural Rate, Secular stagnation
This could be interesting, too:
New paper by Lance Taylor in Challenge Magazine. From the blurb: Can America recover ideal rates of growth through interest-rate policies? This important analysis suggests that most economists misunderstand the issue. Updating Keynes, the analysis suggests that fiscal stimulus, labor union bargaining power, and more progressive income taxes are needed to support growth. (The article includes some algebra, which some readers may choose to skip.) Read full paper here.
Topics:
Matias Vernengo considers the following as important: Lance Taylor, Natural Rate, Secular stagnation
This could be interesting, too:
Matias Vernengo writes The Economist and the American Economy
Matias Vernengo writes Servaas Storm on Lance Taylor
Matias Vernengo writes Savings Glut, Secular Stagnation, Demographic Reversal, and Inequality: Beyond Conventional Explanations of Lower Interest Rates
Matias Vernengo writes Lance Taylor (1940-2022) and his legacy
New paper by Lance Taylor in Challenge Magazine. From the blurb:
Can America recover ideal rates of growth through interest-rate policies? This important analysis suggests that most economists misunderstand the issue. Updating Keynes, the analysis suggests that fiscal stimulus, labor union bargaining power, and more progressive income taxes are needed to support growth. (The article includes some algebra, which some readers may choose to skip.)Read full paper here.