The Great Stagnation
Tyler and Russ discuss the slowdown in productivity gains and the phenomenon of jobless recoveries in the labor market, providing evidence for the concept of the great stagnation. They explore the impact of innovation and the changing nature of employment in recent recoveries.In this clip
From this podcast
EconTalk
Tyler Cowen on the Great Stagnation
Related Questions
How is the economy recovering as discussed in the episode Volatility Hits Main Street (EP.265) and the clip Labor Market Insights?
What about productivity in the episode Mulligan on Redistribution, Unemployment, and the Labor Market and the clip Productivity and the Recession?
Is productivity a good thing, as discussed in the episode Alex Tabarrock - Prizes, Prices, and Public Goods and the clip Rising Prices, Productivity, and Stagnant Sectors?