"And you want to talk about a negative productivity shock, too. The biggest positive productivity shock we’ve had over the last 40 years has been globalization together with technology. And I think if you take away the globalization, you probably take away some of the technology. So that affects not just trade, but movements and … Continue reading Harvard’s Reinhart and Rogoff Say This Time Really Is Different
Category: interviews
Mal on the Street
https://www.youtube.com/watch?v=DuF3ZudCwwM "In conventional business attire, trusty Mohawk at their side, the two would waylay pedestrians and proprietors. Clandestinely recording each conversation, they would retreat to the curb to rewind: The Mohawk used quarter-inch metal cassettes and rewinding the tapes required the operator to manually turn a handle like a fishing reel. Then they’d hook up … Continue reading Mal on the Street
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