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Economic Impossibilities for our Grandchildren? / Kevin Hjortshøj O'Rourke.

NBER Working papers Available online

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Format:
Book
Author/Creator:
O'Rourke, Kevin Hjortshøj.
Contributor:
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w21807.
NBER working paper series no. w21807
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2015.
Summary:
The paper looks at the development of the secular stagnation thesis, in the context of the economic history of the time. It explores some 19th century antecedents of the thesis, before turning to its interwar development. Not only Alvin Hansen, but Keynes and Hicks were involved in the conversations that led to Hansen's eventual statement of the thesis that we are familiar with. The argument made sense in the context of the interwar period, but more so in Britain than the US.
Notes:
Print version record
December 2015.

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