'secular stagnation' in The Wealth of Humans: Work and its Absence in the Twenty-First Century

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a condition of negligible or no economic growth in a market-based economy ("secular" as in "long-term", in contrast to "cyclical" or "short-term")

This condition, which economists label 'secular stagnation', is associated with limp and vulnerable economic expansions, which often conclude in the deflation of big asset-price bubbles

—p.180 The Source of Secular Stagnation (179) by Ryan Avent

notable

7 years ago

secular stagnation (en)

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

secular stagnation (en)

The Wealth of Humans: Work and its Absence in the Twenty-First Century by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent