by Charles Mudede RiverNorthPhotography/gettyimages.com
Not too long ago, one of my oldest and closest friends and a current resident of Vancouver BC sent me a short essay by a Dutch economist, Servaas Storm, called "What Mainstream Economists Get Wrong About Secular Stagnation." It's not hard a read if one understands the meaning of secular stagnation and loanable funds. (The essay also contains a very clear explanation for why the tax cuts are doomed to fail.) But first, what is secular stagna
Not too long ago, one of my oldest and closest friends and a current resident of Vancouver BC sent me a short essay by a Dutch economist, Servaas Storm, called "What Mainstream Economists Get Wrong About Secular Stagnation." It's not hard a read if one understands the meaning of secular stagnation and loanable funds. (The essay also contains a very clear explanation for why the tax cuts are doomed to fail.) But first, what is secular stagna
