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Tag Archives: growth

US Population Growth Down 1/3 in 5 Years, California Down 85%? — Wendall Cox

This is important in that one of the most significant factors influencing economic growth is population growth. The other significant factors are economic reproduction (upgrading, replacement and repair) and technological innovation that increases the living standard. That is to say, social reproduction is a function of individual reproduction. New Geography US Population Growth Down 1/3 in 5 Years, California Down 85%? Wendall Cox

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Bill Mitchell— Free flows of capital do not increase output but do increase inequality

There was an IMF paper released in April 2018 – The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data – that had a long title but a fairly succinct message. It indicates that the IMF is still in a sort of schizoid process where the evidential base has built up so against the political voice and practice that the IMF has indulged itself as a front-line neoliberal attack dog that elements in its research division are breaking ranks and...

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IPA’s weekly links

Guest post by Jeff Mosenkis of Innovations for Poverty Action. The 26 artifacts, which include statutes and thrones looted by French troops during a military raid against the once powerful West African Kingdom of Dahomey in 1892, are among some of the 5,000 artifacts requested from France by Benin. And that’s just Benin, there are an estimated 90,000 looted African artifacts in France. A holy grail in economic development, and really all of business investment, is figuring out which small...

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Darren Williams — «How Populism Affects Our Business»

Most important, after a 40-year period in which capital has won out decisively over labor, there is much likelihood that global economic policy is to shift back in a much less business-friendly direction. Not only will that weigh on economic growth, but it’s also likely to push inflation higher. And that’s something markets are not currently prepared for. FinenewsDarren Williams: «How Populism Affects Our Business» Darren Williams | Global Economic Research Group for Fixed Income

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Weird Is Normal

This post was originally published on Pieria in December 2013. Since then, the idea that the long-term real equilibrium interest rate must be equal to or lower than the long-term sustainable growth rate has become much more mainstream. I am just amazed that anyone ever thought it could be otherwise. A long-term real interest rate persistently above the sustainable growth rate cannot possibly be an "equilibrium" rate. As I show in this piece, it can only be maintained through rising...

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David F. Ruccio — Poverty and inequality—on a global scale

More numbers sleight of hand. It should perhaps come as no surprise that, as capitalism has been called into question and socialism generated increasing interest during the past decade, capitalism’s defenders have resorted to a long historical view. Look, they say, how capitalist growth has decreased poverty and led to improvements in people’s lives around the globe. Just stick with it and all will eventually be well. That’s why, as Jason Hickel points out, the above infographic, based on...

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Chris Hamilton — The End Of Growth Among “Haves” Dooms Growth Among “Haves” & “Have Nots” Alike

The global economic system is premised on growth, not just any growth, but growth where it matters (economically). However, population growth (the foundation of economic growth) among the high and upper middle income nations of the world is rapidly winding down. As I have outlined previously, total births have been declining among the combined high/upper middle income nations since 1988 and now births are declining everywhere but among the low income nations of the world (HERE). Without...

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Joshua Bateman — Why China is spending billions to develop an army of robots to turbocharge its economy

Chinese President Xi Jinping has called for a robot revolution in manufacturing to boost productivity. Wages in China are rising, and it's becoming harder to compete with cheap labor. An aging population in China also necessitates automation. The working-age population, people age 15 to 64, could drop to 800 million by 2050 from 998 million today. Chinese robotic growth is forecast to exceed 20 percent annually through 2020. Interesting article to read in full. China's socialist ideology...

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