Secular stagnation: real problems and statistical illusions
James Galbraith
Japanese Economy, 2021, vol. 47, issue 4, 346-364
Abstract:
This paper reviews statistical conundrums associated with technological and structural change in view of recent debates over secular stagnation, and suggests a pragmatic approach to economic policy, geared toward living standards and security, in an era of irreversible globalization and a dominant role for services in employment.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:mes:jpneco:v:47:y:2021:i:4:p:346-364
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DOI: 10.1080/2329194X.2021.2007778
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