@joe_atikian Sure. But relatively slow…
@joe_atikian Sure. But relatively slow advance on labour productivity has serious implications for the population!
@joe_atikian Sure. But relatively slow advance on labour productivity has serious implications for the population!
Something changed! US before 1930s was both dynamic and HIGHLY unstable capitalist economy. @GoldmanSachs @SoberLook https://t.co/D6cHT6MauI
Sub Saharan Africa has seen rapid agril growth but unlike in Asia/LatAm it has been relatively labour intensive… https://t.co/4hgyhEdQoI
Praet/ECB on Italy: "When the bond purchases come to an end …" they are on their own! https://t.co/JhD9YsbCxj https://t.co/zN60xm9uQx
Wishing on a Phillips curve: Japan is an example Fed should bear in mind. Jpn lab market tight and CPI in deflation… https://t.co/jQXrM3xAWn
Spiegel to Praet: Can you understand why so many Germans regard ECB as greatest threat to their personal wealth?… https://t.co/u68tgpPIOT
Governments are too concerned about debt level & exaggerate risk of inflation fears & debt sell offs @GabrielSterne… https://t.co/bTnC5hbWSc
America's Political Economy: 2007-2010 crisis hit lowest income groups harder than ever – https://t.co/XFBP5008DT https://t.co/l02oCgerPu
The financial crisis had an unusually severe impact on lowest income groups in the US.
“The sun is setting on the post-crisis balance sheet rehab” following stress test American financial capital is bac… https://t.co/VCRY0xy4f7
"J'ai survécu à pire que vous. Vous n'êtes que des SS au petit pied !" Simone Veil face au FN en 1979.Quelle femme ! https://t.co/UH6NKil85f
World bank has issued $425m in pandemic disaster bonds: fin engineering helps to fund global response… https://t.co/hGv7ejuohi
2007-10 was bad for the well off but it was TERRIBLE for the poor #StratificationEconomics https://t.co/WoUAto5Gou https://t.co/O8D87mG4n1
In a recession small size of US gov budget means automatic stabilizers are comparatively weak @jasonfurman… https://t.co/JdmTHWbNKe
@adam_tooze @jasonfurman @PIIE This is important by @jasonfurman on simple truths about US fiscal trends, clear ana… https://t.co/21uULz0y7O
Agriculture remains more important to sub-Saharan African economies than anywhere else in wold… https://t.co/M2COExjk4J
Slow growth & lower tax revenue contributed to failure to meet Bowles Simpson deficit reduction plans @jasonfurman… https://t.co/gqBc7SHmA0
Optimizing creative destruction: maximizing efficiency of the insolvency regime https://t.co/Yuv8QtrlpZ https://t.co/th1ndFKu8S
Why GE is building a locomotive factory in Marhaura Bihar one of the poorest states in India… https://t.co/5IgtquR0to
@jasonfurman check out the furman slides. He spells it all out. Interest rates plus health care costs are the key.
Deterministic predictions of inevitable fiscal disaster in the US have been refuted @jasonfurman… https://t.co/uop0rytBYz
America's fiscal nightmares of early 1990s have not been realized @jasonfurman at @PIIE https://t.co/3qX6zKpbDG
Demand for soy meal feed from China dominates biggest development in global farming https://t.co/rxqDcXNwKw https://t.co/VIvnL3W8GI
The global triumph of soyabean hinges on incomes in China and its cons of meat —> total farmland rising to 1bn ha… https://t.co/nrfHGb84om
Thin crust? Hard red spring wheat essential for croissants, bagels, pizza crust hit by drought —> prices surge… https://t.co/TgZ9Dw3quv
Remarkable Data from IRS on America’s 2014 tax return. Especially on top 4 % over $200k #StratificationEconomics… https://t.co/2IbH9XCPDN
Impact of prolonged recession in EU is felt in rise in zombie firms https://t.co/Yuv8QtrlpZ https://t.co/qrlgGJcsVZ
A new museum is preparing people for the downfall of capitalism https://t.co/pKH0KJdAUy via @qz
When the heritage business at Colonial Williamsburg is going down the drain you know America is really in trouble!… https://t.co/YW3YmcVObE
Self harm! Illinois’s budget crisis hits its magnificent public university system hard. https://t.co/r6boisvxkQ https://t.co/04Krm07UHR
Why did FTC not go after Google despite staff advice? @washingtonpost follows up on @WSJ https://t.co/GfVmgjhvya… https://t.co/f3nIjpkva1
US in world of its own. But even there global labour market effect on wages increases @BIS_org… https://t.co/HCgxLLbecW
When you mess with value chains … 10 % tariff on China/Mexico imports would have very nasty effect on US auto ind… https://t.co/ftpSQSp6FY
Shifting balance of class forces in 2 graphs: As labour loses "pricing power” wages respond less to tight lab market https://t.co/RHOAm4FJ0R
Merkel doesn’t have the name recognition but those that do know her tend to trust her https://t.co/j1yWOaBCoN https://t.co/7b33R7sfb5
@RobinWigg thank you! adam.tooze@columbia.edu
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