FRED Series DDDI03USA156NWDB |
"The commonwealth was not yet lost in Tiberius's days, but it was already doomed and Rome knew it. The fundamental trouble could not be cured. In Italy, labor could not support life..." - Vladimir Simkhovitch, "Rome's Fall Reconsidered"
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio...
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JW Mason : "... in retrospect it is clear that we should have been talking about big new public spending programs to boost demand....
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Bosch season five air date: 18 April. Ten episodes. Four days later, six of the transcripts were already available. A few days later, the ...
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Mark Thoma links to the Kansas City Fed's Nominal Wage Rigidities and the Future Path of Wage Growth by José Mustre-del-Río and Emily ...
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First, this summary of an observation made in 1850, from the Liberty Fund : Frédéric Bastiat, while pondering the nature of war, concluded ...
3 comments:
If you were to include Bank financial assets in that graph you would see that has hardly grown at all.
https://fred.stlouisfed.org/graph/fredgraph.png?g=j6HB
Bank assets stable, non-bank assets non-stable.
Conclusion?
Conclusion: Technology and deregulation created a change some time around 1980. Also probably changes in the tax code.
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