Ken Rogoff | J Mark Nickell

Is the economy stuck in a rut of low growth?

A client posed the question last week: “Is the economy stuck in a rut of low growth?” This week we address it. The precise term used these days to talk about the persistence of low growth is “secular stagnation”—a semi-permanent period of weak growth. Is the Economy Suffering from Secular Stagnation? To tee up the

Tags: Economic & Investment Update, Ken Rogoff, Robert Gordon, Secular stagnation|

This Week with J. Mark Nickell & Co. – October 16, 2013

I fondly remember “the good old days,” when government actually worked much of the time, when a conciliatory spirit was a badge of honor, and tough issues were resolved thoughtfully and with civility. Howard Baker, Tennessee Senator from 1967 until 1985, exemplifies a leader who set the tone for those times. In his day he

Tags: Debt ceiling, Economic & Investment Update, Federal Reserve, Janet Yellen, Ken Rogoff, Mohammed El-Erian|