The mystery of the US economy at stall speed

Summary: Since 2012 the idea of a “stall speed” to the economy played a prominent role the almost incessant predictions of an imminent recession. Since then the US has cruised below stall speed without a downturn. This is rich with lessons for us — about the danger of believing untested theories, about overconfident forecasts — […]

Read Full Story from Fabius Maximus website https://fabiusmaximus.com/2016/06/24/is-the-economy-at-stall-speed-97729/
This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on June 24, 2016 at 12:00PM