Economic Growth: Its Importance and the Potential Impact of its Demise
Conceptually, economic growth is a function of two factors: the growth of jobs, and the productivity of those employed.
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“Normal,” It’s Not What You Think!
Most readers remember the pre-recession days of 4% GDP growth, interest rates at levels where savers had return choices
At Recession’s Onset, There is No Bell, Bugle, or National Anthem
From my reading of the business media, there are few business economists who believe, like I do, that the
