Browsing articles tagged with " growth"

The over-supplyside economy

Oct 5, 2013   //   by boyce   //   Articles  //  No Comments

Daniel Alpert explains why the economy ain’t what it used to be:

We are in an age of global oversupply: an oversupply of global labor (hence high underemployment); an oversupply of global productive capacity (hence ultra-low inflation); and an oversupply of global capital (hence low interest rates)….

[O]ne can’t properly understand the financial crisis without appreciating how the rise of the emerging nations distorted the economies of rich countries. And you can’t chart a course to more growth and stability in the developed world without recognizing that many of these distorting forces are still at work. Cheaper credit through monetary easing, for example, doesn’t yield much in an era when cheap capital already exists in abundance.

Can we get out of this mess? We can, but we need a fresh playbook.

Read his Times op-ed piece here.

Greed today, gone tomorrow

Jul 25, 2013   //   by boyce   //   Articles  //  No Comments

Lynn Parramore, writing for Alternet, explains why investment in innovation has declined in America:

There’s a motto on Wall Street: “I.B.G.-Y.B.G.” or “I’ll Be Gone, You’ll Be Gone.” As long as you’re making money right now, what happens tomorrow is not your problem.

It’s everyone else’s problem. Witness the decline in the number and quality of jobs, the middle class evaporating, and the financial instability that brought about the Great Recession.

Read more here.

Grow the good, shrink the bad

Jun 29, 2013   //   by econ4org   //   Articles  //  No Comments

Econ4′s James Boyce writes that we need better measures of economic well-being, better public policies, and better language:

We need to move beyond the stale “pro-growth” versus “anti-growth” rhetoric of the past. It’s time to raise a new banner: Grow the good and shrink the bad.

 

Read more here.

Economics denial

Nov 2, 2012   //   by boyce   //   Articles  //  No Comments

The New York Times reports today on attempts to suppress a Congressional Research Service report showing that tax cuts for the rich don’t create jobs:

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie,” the report said. “However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”

Read the Times piece here.

Read the suppressed report here.

Who Killed Economic Growth?

Aug 2, 2011   //   by econ4org   //   Media Library, Videos  //  No Comments

by  on Aug 2, 2011

Life After Growth

Apr 12, 2010   //   by econ4org   //   Media Library, Videos  //  No Comments

The Impossible Hamster

Jan 24, 2010   //   by econ4org   //   Media Library, Videos  //  No Comments