Alan Greenspan on secular stagnation and, possibly, stagflation

Alan Greenspan on secular stagnation and, possibly, stagflation | LIVE STREAM

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7 жыл бұрын

Many believe the US is in the midst of a “growth recession,” during which the potential for economic growth is hamstrung by weak gains in productivity. In the US, labor and total factor productivity growth slowed following the bursting of the tech bubble. Many developed countries - not just the US - are also seeing diminished productivity growth.
Join AEI as former Federal Reserve Chair Alan Greenspan discusses the causes of the recent global slowdown of productivity and the early evidence in the US of a possible emergence of stagflation. Two expert panels will then address the following questions: Has the pace of technological advances that increase productivity and living standards slowed, and if so, why? Or is the slowdown merely an illusion created by inadequate measures of economic output? The panels will explore the causes of the apparent slowdown in the pace of productivity growth and discuss the ramifications for the new administration’s economic policies.
Join the conversation on social media with #GreenspanAtAEI and by following @AEI and @AEIecon on Twitter and Facebook.
If you are unable to attend, we welcome you to watch the event live on this page. Full video will be posted within 24 hours.
Part 2 airing on November 15th, 2016 at 1:00pm
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Пікірлер: 26

@ghgghgyuhkljjijijui 6 жыл бұрын

Ahhh! Alan Greenspans best ASMR!Deep relaxing.

@WishInvrborn 3 ай бұрын

Whenever i cant sleep... Few minutes listening to mr Greenspan... Im snoring like a hybernating bear... 😊😊😊😊

@007jerzy 7 жыл бұрын

Mr Greenspan is as sharp as ever, despite slightly shaky voice. I would not have guessed that he is approaching 90!

@stevenstoffers4669 7 жыл бұрын

take a listen to 10 seconds of it again... 19:50 to about 20:10.

@designslave38 7 жыл бұрын

Jerzy Szyndler Hope that was a sarcastic remark. This guy was wrong, in the biggest way, about the most important economic event in this country.

@dfjpr Жыл бұрын

When Jonathan said Uber drivers don't contribute directly to the productivity of the company, and therefore it's hard to justify them getting healthcare, I must say I was concernced that he does not contribute to the productivity of the present panel.

@hope2165 7 жыл бұрын

Once again Mr. Greenspan is describing the trees around him, without even knowing which forest he is in. Could it be that a lot of our current stagnation comes from the consumer/ labor class receiving less and less of GDP? If this is the case, how then should a head of household respond? Should he/she wait to be devoured by debt, or try to pay down debt? The problem is, as described by Richard Koo, is that the receivers of those payments are also paying down their own debt or saving it. Productivity growth is usually tied to pay raises for workers, but it seems in the past 20 years compensation has been not commensurate with productivity gains. Perhaps the instruments of productivity growth (workers), have heard that song before and are not as enthusiastic about that idea now. So Mr. Greenspan's idea is to "address" entitlements as a fix. I would say that giving the average Joe no reliable way to be upwardly mobile, is the crux of the problem. Please Mr. Greenspan expand your view of the economy. Regards

@soundofm1352 7 жыл бұрын

hope216 you amaze me: you actually taking this 2 hour drivel seriously. Economics is just" I have-you don't have" war, covered up by coded language. Those who are cued in to the language can hear between the lines-they are the "in" crowd. Those who take this speech to be genuine are bloody fools that need to wake up-with all the due respect.

@Six6_Six_6Six6 Жыл бұрын

Listen pal, you realize we need these systems to work property and not In debt so we can live in a better society debt is bad. A society with debt is like a dead beat dad never paying. Child support, then those kids grow up and become germanic barbarian and kill there dad. We are there dad, the government is yea we suck but if we quit the coke and go on the straight and narrow, that means your Mr. Pot smoker. We can build a better future with out debt and with our poorly functioning entilements that give you nothing. I make more money in 30 mins trading then these entilements give a person in a month why do we need them when we need to just raise that person's standard of living