Wrapping up my series on the secular stagnation theory with some more things I learned along the way. Again, filter on #stag as desired.
https://twitter.com/pmarca/status/549863980714315776
https://twitter.com/pmarca/status/549864862847750144
https://twitter.com/pmarca/status/549865649258758144
https://twitter.com/pmarca/status/549866233974497281
https://twitter.com/pmarca/status/549867287302258689
Glaeser: 72.7% of US college grads ages 25+ are employed, vs 39.4% of high school dropouts in same cohort. I’d like to quote Mokyr’s entire essay in the Vox ebook but that would be rude, so read the whole thing here.
https://twitter.com/pmarca/status/549869188102103043
https://twitter.com/pmarca/status/549869994901635073
Olivier Blanchard: Post-crisis reforms require financial institutions to hold another $3 trillion in safe assets. (!) #stat
https://twitter.com/pmarca/status/549871280334196739
https://twitter.com/pmarca/status/549872011132932096
Reference for all of the above: http://www.voxeu.org/article/secular-stagnation-facts-causes-and-cures-new-vox-ebook
Source Tweets: 1,2,3,4,5,6,7,8,9,10,11,12,13,14
Responses:
https://twitter.com/pmarca/status/549873539436666881
https://twitter.com/pmarca/status/549874103734124547
https://twitter.com/pmarca/status/549883083290185728
@pmarca Says 