Wrapping up my series on the secular stagnation theory with some more things I learned along the way. Again, filter on #stag as desired.
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.
Olivier Blanchard: Post-crisis reforms require financial institutions to hold another $3 trillion in safe assets. (!) #stat
Reference for all of the above: http://www.voxeu.org/article/secular-stagnation-facts-causes-and-cures-new-vox-ebook