asterisk2a + malaise   2

(112) Renegade Inc. & What to expect in 2018 - YouTube
UK BOE QE trap - the road to normalisation - without counter engagement (productive investment), and further Austerity, tax evasion, inequality, income gap, secular stagnarion, less money to spend for the average joe === very bumpy uncertain ride. ... and add Brexit even more uncertainty. OUCH. real growth for real people not gonna happen. // see also RAWerden Richard Andreas Werner for bank reform (local non-profit et al) // also consumers will hold back. especially w trickle down of bad news. job losses here and there retail inflation wage growth etc. creating a impression of a malaise especially for the 50% who voted remain. and 30% who didnt go vote. // see also news 8or7 out of 10 workers broke/permanently skinned - and consumer debt at 2008 high //
BOE  QE  trap  Richard  Koo  UK  Austerity  productive  investment  underinvestment  productivity  Brexit  Steve  Keen  book  RAWerner  debt  bubble  asset  alternative  WallStreet  GDP  output  gap  uncertainty  2018  business  consumer  confidence  fiscal  policy  NHS  monetary  Carillion  PFI  disposable  income  discretionary  spending  credit  malaise  secular  stagnation  stagflation 
february 2018 by asterisk2a
Economic View - When Attitudes Are a Big Obstacle to Recovery - NYTimes.com
According to the Bureau of Labor Statistics, annual growth of business output per labor hour averaged 3.2 percent from 1948 to 1973, but only 1.9 percent from 1973 to 2008.

Ever since the long-term productivity slowdown became visible, the economist Samuel Bowles, now at the Santa Fe Institute, has said that its causes are to be found as much in the loss of “hearts and minds” of workers and investors as in technology.

This month at Yale, in lectures titled “Machiavelli’s Mistake,” he spoke of the error of thinking that a high-performance economy could be based on self-interest alone. And he warned of the overuse of incentives that appeal to individual gain.
recession  recovery  USA  psychology  greatdepression  history  lesson  malaise  management  people  believe  robertshiller  study  book  economy  gdp  growth  measurement 
february 2010 by asterisk2a

Copy this bookmark:



description:


tags: