Dems’ Red Scare vs Trump’s Agitprop: Who Ya Gonna Believe? Trump or Your Lyin’ Eyes? | Blog#42
Continue reading Dem’s Red Scare vs Trump’s Agitprop: Who Ya Gonna Believe? Trump or Your Lyin’ Eyes? | Blog#42
Tag Archives: International trade
Jared Bernstein: Full Employment, Trade Deficits, and the Savings Glut:
A Fascinating Debate in the Macro Blogosphere
Jared Bernstein | On the Economy | April 2nd, 2015
The macro blogosphere is on fire, as Bernanke, Summers, and Krugman are having a fascinating discussion that starts with secular stagnation (persistently weak demand, even in expansions), adds a strong dose of international trade with an emphasis on the Bernanke savings glut observations, and thus speaks to a lot of what we think about here at OTE.
Continue reading Jared Bernstein: Full Employment, Trade Deficits, and the Savings Glut:
Full employment and trade deficits: PK v. JB re $ | Jared Bernstein | On the Economy
By Jared Bernstein
Paul K’s agrees with me on the core aspects of my post yesterday regarding our persistent trade deficits as a barrier to full employment, but disagrees the dollars status as a reserve currency has much to do with it.