September 2014

Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30        
Blog powered by Typepad

« Boiling it down. | Main | New IEA Discussion Paper on the Great Recession »

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451eb0069e2017743982484970d

Listed below are links to weblogs that reference What Great Stagnation?:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Although I am skeptical of the "Great Stagnation" hypothesis, I am not sure the above data does anything to refute it. If true, the "Great Stagnation" began roughly when the above data began (early 1970s). Shouldn't we compare the growth rates of wages/income in the previous time period, say 1950-1970, against the above numbers to see if wages/incomes have stagnated?

To be fair to the TGS story, the relevant approach would be to compare these metrics to their equivalents in the prior period of the same length.

Was debt subtracted from income?

And in regards to the Great Stagnation hypothesis:

http://zatavu.blogspot.com/2011/09/future-is-complexity.html

Why such a seemingly huge discrepancy with people like Stiglitz, who I think is using median income data to argue there is been total stagnation?

http://en.wikipedia.org/wiki/Electric_Dreams_%28TV_series%29 is a a BBC television documentary that places a family of two parents and four children in their home with only the amenities available during each of the previous three decades (1970s, 1980s and 1990s) and recording their responses to the changing pace of technological change.

The programmes will reveal the huge transformation that technological change has wrought on British family life over the past 40 years. The children have to swap Facebook for black-and-white telly and vinyl records.

goodbye to their three games consoles, three DVD players, five mobile phones, six televisions and seven computers, not to mention their dishwasher, two washing machines and tumble dryer

Filming occurred over the winter of 2009, which was particularly cold and snowy for England, a fact which figured into the story when the family had to endure cold nights early in the project when the lack of central heating was simulated for the 70s episode.

http://en.wikipedia.org/wiki/Electric_Dreams_%28TV_series%29 is a a BBC television documentary that places a family of two parents and four children in their home with only the amenities available during each of the previous three decades (1970s, 1980s and 1990s) and recording their responses to the changing pace of technological change.

The programmes will reveal the huge transformation that technological change has wrought on British family life over the past 40 years. The children have to swap Facebook for black-and-white telly and vinyl records.

goodbye to their three games consoles, three DVD players, five mobile phones, six televisions and seven computers, not to mention their dishwasher, two washing machines and tumble dryer

Filming occurred over the winter of 2009, which was particularly cold and snowy for England, a fact which figured into the story when the family had to endure cold nights early in the project when the lack of central heating was simulated for the 70s episode.

hello , the article helps me a lot, thank u for your sharing!

The comments to this entry are closed.