Joseph Schumpeter en Secular Stagnation: A Working Pair of Scissors Needs Two Blades <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><img alt="" height="225" src="" style="float:right" title="" width="300" />The role of asset bubbles as an unsustainable pillar of pre-2007 world economic growth has been widely recognized. Simultaneously, analysts worry that a secular stagnation, though momentarily offset by asset bubbles, may have been already at play in major advanced economies, leading to the ongoing <a href="" rel="nofollow">sluggish and feeble recovery</a>.</div></div></div> Wed, 12 Mar 2014 14:18:00 +0000 Otaviano Canuto 8877 at