“What if the Global Financial Crisis is Permanent?”

“What if the Global Financial Crisis is Permanent?”

Posted: 06 Oct 2012 10:51 PM PDT

Yves here. I’m featuring a MacroBusiness post, “What If the GFC is Permanent?” despite its being a bit meandering, because it asks some Big Questions, and therefore will give readers something to chew over.
The headline doesn’t quite get at what the post is about. Its focus is a recent paper by Robert Gordon questioning whether growth is over. I’ve read the underlying paper; MacroBusiness’s relies on a comment by Martin Wolf that discusses it. http://www.nakedcapitalism.com/2012/10/what-if-the-global-financial-crisis-is-permanent.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29