Résultat d'exploitation(s) C'est pour le moment un sans-faute pour François Hollande. Certes, il n'est élu que depuis 2 semaines et investi depuis une. Certes, sur la scène intérieure, il bénéficie du fameux Etat de Grâce, même si, selon les sondages, il est très modéré. Mais le calendrier international post-élection ressemblait à une course de haie avec la rencontre avec Angela Merkel et le sommet du G8 à Camp David. Ses supporteurs savaient que ce passage allait être délicat et ses détracteurs y voyaient d'avance le chant du cygne. D'autant que Hollande arrivait lesté de sa promesse de campagne d'assouplir le pacte de stabilité avec un volet croissance.
Keynes is back Le système économique peut être vu comme un éternel cycle offre/demande. Pour mettre de l'huile dans les rouages, Keyne proposait deux moyens: la monnaie et le budget. Le second moyen est budgétaire. La seconde manière dont le cycle peut se rompre est beaucoup plus pernicieuse. Mais les libéraux aussi Le nerf de la guerre. Changing Places. La minute de SES. Olivier Bouba-Olga : Blog d'un économiste qui suit et commente l. Jean Matouk | Rue89. Eco89 | L'économie comme vous la vivez. Electrosphère. Blogizmo. Le Blog Finance.
Economist's View. Gauti Eggertson and Neil Mehotra have an interesting new paper: A Model of Secular Stagnation, by Gauti Eggertsson and Neil Mehrotra: 1 Introduction During the closing phase of the Great Depression in 1938, the President of the American Economic Association, Alvin Hansen, delivered a disturbing message in his Presidential Address to the Association (see Hansen ( 1939 )).
He suggested that the Great Depression might just be the start of a new era of ongoing unemployment and economic stagnation without any natural force towards full employment. This idea was termed the ”secular stagnation” hypothesis. One of the main driving forces of secular stagnation, according to Hansen, was a decline in the population birth rate and an oversupply of savings that was suppressing aggregate demand.
Soon after Hansen’s address, the Second World War led to a massive increase in government spending effectively end- ing any concern of insufficient demand. Explainer: Why is deflation so harmful? New column: Chicago Boyz. Ceteris Paribus. Aux Commandes De l'Economie et de la Finance. Le Blog de Finances publiques. EconoSpeak. Capital Gains and Games | Washington, Wall Street & Everything i. Cheap Talk. Coming Perfect Storm. Common Sense Forecaster. The Dangerous Economist. Cafe Hayek — where orders emerge. CityEconomist.
Blitz Bits on Capital Markets & The Economy. Climate ChangeS: Working Papers on the Economics of Climate Chan. Busy, Busy, Busy. Business Bondy Blog. Common Tragedies. The Palgrave Econolog. Clive Crook's blog | FT.com. Signing off This will be my last post on ft.com. I am moving on. Thanks for reading. If you wish to keep following my commentary you can do so on my blog at The Atlantic. FT column: Only a move to the middle can salvage Obama’s presidency Barack Obama’s bid to seize the initiative with a second fiscal stimulus is barely a week old and, as the president prepares to make a second announcement on the subject today, already in trouble.
Waiting for the White House (and the Super Committee) On Monday the Obama administration has promised to spell out its thinking on long-term deficit reduction. Rethinking central banking An event at the Brookings Institution launched a new report, Rethinking Central Banking, by a team of economic eminences including Barry Eichengreen, Raghu Rajan, Eswar Prasad, Carmen Reinhart, Kenneth Rogoff, and others.
FT column: A bold bid to reset the presidency Barack Obama’s economic policy address to a joint session of Congress last week lived up to the billing. Jean GADREY. Capital Chronicle. Blog d'un économiste du travail. Warrant Marrant.