Ed Conard

Economy in aftermath of financial crisis. Book on NYT best sellers. Us productivity growth nearly doubled productivity growth due to Internet. Pulled 20 mln immigrants into us economy. 3 differences in us vs Europe… Low labor redeployment costs, lower trade barriers, … Our most talented students working longer. More entrepreneurs in us. Deposits in bank are like corn in silo… But must be loaned to legit uses. Withdrawals not loan losses bankrupted our banking system. Might work to strengthen government guarantees. Private sector spending dials back in response to government spending. Entrepreneurial economy can get going if we fix structural problems by…? Big issue is being prepared for withdrawals from cash banks.

Explore posts in the same categories: UP Talks

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: