tag:blogger.com,1999:blog-2098432983500045934.post540394242151273431..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: Good question!The Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2098432983500045934.post-89269226522209887632012-09-04T04:57:15.414-04:002012-09-04T04:57:15.414-04:00Woj,
For me, "slack" explains it.
http:...Woj,<br />For me, "slack" explains it.<br /><br />http://newarthurianeconomics.blogspot.com/2010/02/gimmie-some-slack.html<br /><br />There was a massive intermission in the increasing rate of debt accumulation, 1985-1991 or so, which created slack in the cost of finance and opened the door to the "macroeconomic miracle" of the Clinton years.<br /><br />http://research.stlouisfed.org/fred2/graph/?g=a8x<br />The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-1493563983183455642012-09-04T00:06:56.262-04:002012-09-04T00:06:56.262-04:00What might explain the downward sloping period? Re...What might explain the downward sloping period? Response to housing decline in '91? Strong growth during period suggests decline in debt from this perspective maybe not a strong factor on growth. Should we not worry if the level retraces for some time?Anonymoushttps://www.blogger.com/profile/00720722626969395929noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-2651007983718526672012-09-03T10:33:11.757-04:002012-09-03T10:33:11.757-04:00Certainly, by this measure, 2000-2009 is not moder...Certainly, by this measure, 2000-2009 is not moderate, and 1950-1967 is. 1991 to 2000 slopes down<br /><br />What you're concerned with here is rate of change. I'll recommend looking at slopes. As a first stab, over a five year increment. Plot that and see where the high and low points are.<br /><br />My old feeble eyes can't make a valid comparison of the 70's to the noughts on your graph.<br /><br />Cheers!<br />JzB Jazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-10215940134851532272012-09-02T21:47:39.281-04:002012-09-02T21:47:39.281-04:00Art,
You will like this lecture by Ann Pettifor.
...Art,<br /><br />You will like this lecture by Ann Pettifor.<br /><br /><a href="http://www.youtube.com/watch?v=l1GHWrvtI6I" rel="nofollow">Delusional economics and the economic consequences of Mr Osborne - Ann Pettifor</a>Clonalhttps://www.blogger.com/profile/18290009954839887975noreply@blogger.com