The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
I've noted in the past that we've been entering an equilibrium (I say entering because it is at different stages around the world) where there are large pockets of people with needs, but no money - and small pockets of people with money, but no particularly unserved needs.
Economic analysis as operated by many economists breaks down at that point. SRW points to how you can analyse it... but in the end it becomes a political rather than economic problem...
I think it's also really important because it points out how ideologically loaded the notion of "secular stagnation" really is. Conflating technological productivity with "lending productivity" allows lenders to claim a high ground that doesn't belong to them.
It's interesting to me that Clayton Christensen, looking at all this "secular stagnation" stuff from the bottom up (he's a professor studying innovation) has come to very similar conclusions, although he sees it as money trapped in a cycle of financialisation that starves "real economy" innovations of investment...
by Frank Schnittger - Jan 26 3 comments
by Frank Schnittger - Jan 31
by Frank Schnittger - Jan 22 3 comments
by Cat - Jan 25 55 comments
by Oui - Jan 9 21 comments
by Frank Schnittger - Jan 13 28 comments
by gmoke - Jan 20
by Oui - Jan 15 91 comments
by gmoke - Jan 29
by Oui - Jan 2731 comments
by Frank Schnittger - Jan 263 comments
by Cat - Jan 2555 comments
by Frank Schnittger - Jan 223 comments
by Oui - Jan 2110 comments
by Oui - Jan 21
by Oui - Jan 20
by Oui - Jan 1839 comments
by Oui - Jan 1591 comments
by Oui - Jan 144 comments
by Frank Schnittger - Jan 1328 comments
by Oui - Jan 1219 comments
by Oui - Jan 1120 comments
by Oui - Jan 1031 comments
by Oui - Jan 921 comments
by NBBooks - Jan 810 comments
by Oui - Jan 717 comments