What Mainstream Economists Get Wrong About Secular Stagnation

Servaas Storm

What Mainstream Economists Get Wrong About Secular Stagnation

Servaas Storm

Economics of Technology and Innovation

Research output: Non-textual form › Web publication/site › Professional

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Abstract

Forget the myth of a savings glut causing near-zero interest rates. We have a shortage of aggregate demand, and only public spending and raising wages will change that.

Original language	English
Publisher	Institute for new economic thinking
Media of output	Online
Publication status	Published - 2017

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title = "What Mainstream Economists Get Wrong About Secular Stagnation",

abstract = "Forget the myth of a savings glut causing near-zero interest rates. We have a shortage of aggregate demand, and only public spending and raising wages will change that.",

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What Mainstream Economists Get Wrong About Secular Stagnation

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