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Grasping Reality on TypePad, by Brad DeLong
Archives Highlighted Previous Edit COVID Market for Man Slavery 20th C. Reading 'Chicago'

Grasping Reality on TypePad, by Brad DeLong

The current place where I am posting material is over on the SubStack: http://braddelong.substack.com

Secular Stagnation

Presentation: Secular Stagnation: Live Alternative Perspectives https://www.icloud.com/pages/0FTAYBVrR3N8H4mtJ8FqbDMiQ 2017-04-05 2019-06-14


Weekend Reading: Discussion of J. Bradford DeLong and Lawrence H. Summers (2012): "Fiscal Policy in a Depressed Economy" https://www.bradford-delong.com/2019/06/weekend-reading-discussion-of-j-bradford-delong-and-lawrence-h-summers-fiscal-policy-in-a-depressed-economy.html #secularstagnation 2019-06-24

Hoisted from the Archives: Discussion of J. Bradford DeLong and Lawrence H. Summers: "Fiscal Policy in a Depressed Economy https://www.bradford-delong.com/2019/06/weekend-reading-discussion-of-j-bradford-delong-and-lawrence-h-summers-fiscal-policy-in-a-depressed-economy.html: The real impetus... was to explore the implications of loosening an assumption that had become popular following the unit root debate, which was that only technology shocks have permanent effects on long-run potential output. An alternative view, that reductions in aggregate demand could also have protracted effects, seemed to have substantial enough implications for optimal fiscal policy that it was worth modeling more carefully... #secularstagnation 2019-06-24

Dotting i's and Crossing t's with Respect to Olivier Blanchard's "Secular Stagnation" Fiscal-Policy-in-an-Era-of-Low-Interest-Rates AEA Presidential Address https://www.bradford-delong.com/2019/04/dotting-is-and-crossing-ts-with-respect-to-olivier-blanchards-secular-stagnation-fiscal-policy-in-an-era-of-low-interest.html 2019-04-11

Three, Four... Many Secular Stagnations! https://www.bradford-delong.com/2017/01/three-four-many-secular-stagnations.html 2017-01-07

A Reader's Guide to the Secular Stagnation Debate: The Honest Broker https://delong.typepad.com/delong_long_form/2015/10/a-readers-guide-to-the-secular-stagnation-debate-the-honest-broker-for-the-week-of-october-12-2015.html 2015-10-12

The Scary Debate Over Secular Stagnation https://www.bradford-delong.com/2016/07/live-from-cyberspace-welcome-praise-for-j-bradford-delong-2015-_the-scary-debate-over-secular-stagnation-mi.html https://delong.typepad.com/milken-review-secular-stagnation-34-51-mr68.pdf 2015-10-01

Is "Secular Stagnation" a Monetary-Financial Problem or a Fundamental-Technological Problem? https://www.bradford-delong.com/2015/08/barry-eichengreen-secular-stagnation-the-long-viewhttppubsaeaweborgdoipdfplus101257aerp20151104-americ.html 2015-08-01

The Current State of the Secular Stagnation-Savings Glut Debate https://www.bradford-delong.com/2015/04/the-current-state-of-the-secular-stagnation-savings-glut-debate.html 2015-04-09

Over at Equitable Growth: Secular Stagnation Once Again: A Few Cocktail-Hour Thoughts on Shane Ferro vs. Diane Coyle https://delong.typepad.com/sdj/2015/01/over-at-equitable-growth-secular-stagnation-once-again-a-few-cocktail-hour-thoughts-on-shane-ferro-vs-diane-coyle.html 2015-01-20

A Dialogue on Secular Stagnation: The Honest Broker https://www.bradford-delong.com/2014/10/a-dialogue-on-secular-stagnation-the-honest-broker-for-the-week-of-october-24-2014.html 2014-11-07

Reviewing Lawrence Summers's et al.'s VoxEU Ebook on "Secular Stagnation": The Honest Broker https://delong.typepad.com/sdj/2014/08/reviewing-lawrence-summerss-et-als-voxeu-ebook-on-secular-stagnation-the-honest-broker-for-the-week-of-august-23-2014.html 2014-08-14

What Market Failures Underlie Our Fears of "Secular Stagnation"?: The Honest Broker https://www.bradford-delong.com/2014/01/what-market-failures-underlie-our-fears-of-secular-stagnation-the-honest-broker-for-the-week-of-january-12-2014.html 2014-01-12

The Intergenerational Burden of the Debt: Nick Rowe Tempts Fate Weblogging: Hoisted from the Archives https://www.bradford-delong.com/2019/06/the-intergenerational-burden-of-the-debt-nick-rowe-tempts-fate-weblogging-hoisted-from-the-archives.html 2012-10-12


  • Ben Bernanke (2005): The Global Saving Glut and the U.S. Current Account Deficit http://www.federalreserve.gov/boarddocs/speeches/2005/200503102/
  • Ben Bernanke (2015): Why Are Interest Rates so Low? Part 2: Secular Stagnation https://www.brookings.edu/blog/ben-bernanke/2015/03/31/why-are-interest-rates-so-low-part-2-secular-stagnation/
  • Winston Churchill (1923): The World Crisis (New York: Charles Scribner) http://amzn.to/2iMPzRB * Alvin Hansen (1939): Economic Progress and Declining Population Growth https://www.jstor.org/stable/1806983
  • John A. Hobson (1902): Imperialism: A Study (New York: James Pott) http://files.libertyfund.org/files/127/0052_Bk.pdf
  • Paul Krugman (1998): The Return of Depression Economics http://tinyurl.com/dl20170106r
  • Kenneth Rogoff (2015): Debt Supercycle, not Secular Stagnation http://www.voxeu.org/article/debt-supercycle-not-secular-stagnation * Lawrence Summers (2013): Secular Stagnation http://larrysummers.com/imf-fourteenth-annual-research-conference-in-honor-of-stanley-fischer/
  • Lawrence Summers (2013): Secular Stagnation https://www.youtube.com/watch?v=KYpVzBbQIX0&ab_channel=JamesDecker * Lawrence Summers (2015): Rethinking Secular Stagnation After Seventeen Months http://larrysummers.com/wp-content/uploads/2015/07/IMF_Rethinking-Macro_Down-in-the-Trenches-April-20151.pdf
  • Lawrence Summers (2016): The Age of Secular Stagnation http://larrysummers.com/2016/02/17/the-age-of-secular-stagnation/
  • Lawrence Summers (2014): U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound http://link.springer.com/article/10.1057%2Fbe.2014.13

Housekeeping:

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