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Debt, Deficits, Secular Stagnation and the Which Way Is Up Problem in Economics

The economy can have a problem of too much demand, leading to serious inflationary pressures. It can also have a problem of too little demand, leading to slow growth and unemployment. But can it have both at the same time? More
The post Debt, Deficits,…

The economy can have a problem of too much demand, leading to serious inflationary pressures. It can also have a problem of too little demand, leading to slow growth and unemployment. But can it have both at the same time? More

The post Debt, Deficits, Secular Stagnation and the Which Way Is Up Problem in Economics appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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