Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

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")

Highlighted phrases

secular stagnation

The economics profession regards the subsequent failure of economic activity as the new norm – ‘secular stagnation’. Interest rates are thought merely to reflect in a passive way this dismal outlook, one expected to extend indefinitely into the future.

—p.91 Class Interests and the Moulding of Schools of Economic Thought (77) by Ann Pettifor
6 years, 8 months ago

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
6 years, 5 months ago