The Formula For Economic Growth Perfect Economic Storm about 2 months ago   01:24

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PolicyEd
Economic growth increases when more people work more productively. However, economic growth has slowed in the last decade, as increases in productivity and hours worked have fallen to fractions of their previous rates. Returning to rapid economic growth will require policies that encourage individuals to rejoin the workforce and businesses to invest in physical capital.

For more information, please visit the Policyed page here: https://www.policyed.org/intellections/formula-economic-growth/video

Additional resources:

John Taylor argues for policy reforms to promote economic growth in “Can We Restart The Recovery All Over Again?”: http://stanford.io/2tOVoQB or http://bit.ly/2terZD3

In “Slow economic growth as a phase in a policy performance cycle,” John Taylor discusses the reasons and policies behind our poor economic performance: http://stanford.io/2rSa0SI

Read “A Recovery Waiting to Be Liberated” by John Taylor to learn about the policies that can speed up our economic growth here: http://on.wsj.com/2sBwHYA

Watch John Taylor’s testimony before the Financial Services Committee concerning monetary policy here: http://bit.ly/2tOSiME

In an interview with Bloomberg's Kathleen Hays, John Taylor discusses the global financial instability and roles the central banks play: https://bloom.bg/2ttYiLl

Read “Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis” by John B. Taylor to learn more about the 2007-2008 financial crisis here: http://hvr.co/2sUwfYf

Comments 18 Comments

Keith Cooper
We live on a finite planet. Indefinite growth is impossible. Indefinite increase in productivity is impossible.
CvnDqnrU
If people are more time in their jobs doesn't mean they produce more.
Ramona Bellasetty
very fast growth economic: indonesia, india, china and vietnam
Caesar2k1
The thing is, the economy is consumption driven, not investment driven. In fact, usually economic activity is pegged at about 70 consumption and 30 investment, and generally investors make investments into businesses if there are enough consumers for the goods or services that the businesses produces to make a profit. Virtually all individuals are consumers of goods and services, and most people pay for these things with money they earn at a job. Incomes of workers have stagnated since the 80s as a result of shifts in trade and business policies that no longer encouraged employers to pay workers based on economic growth like in the past. This also excludes the effects of automation where robots are increasingly doing the jobs once done by humans, usually better and for less then humans. Because of this, an increasing amount of people can't afford to be consumers beyond basic necessities.
Orppranator
The reason why we are in a slowing economy is because it is becoming more and more socialist. Hint: the federal budget gives 2/3rds of its money to WELFARE SYSTEMS.
Bridge
Most of the numbers are fake. The books never stopped being cooked since Enron.
Jason Ruggles
excuses... money is stagnant. rich have all of the money. One of the reasons why Rome fell.
Nick Wolf
Great, more Koch Bros funded Rothbardian nonsense that infests my YT ad playlist....If anybody is being led here and has an open mind, please Google non-partisan studies on the effect that derivatives trading, tax cuts for the extraordinarily wealthy, and financial deregulation had on the 2009 global recession. Keep an open mind.
Knut Kloster
perhaps the economy slowed down because, oh i dont know know, anear economic depression. please stop lying to people by telling them to get a job when only 1 out 20 people are unemployed and by telling themto work hard dispite the fact that we are already working our damn near hardest.
Johnnyboi45
Except wages have grown much slower than productivity.
Absolutely Nothing
Americans already work more hours weekly than any other first-world nation, and get far fewer benefits. Who cares about economic growth when people are barely scraping by with poor wages.
yzeew w
Also remember there are trillions and trillions of idle cash because we in America at least incentive saving over production because the return on financial investment is so much higher then the return of production.
Terry Tater
Lol! Yeah! We need to encourage More people to work! So I can get paid even less.. Studies say we could lose 39% of our jobs to automation by 2030!!. This video, ad, IS somebody's investment. Somebody buying more tax cuts. It's time to support UBI. I need customers to have money so I can have better access to upward mobility. Money in politics is socialism for the rich. Get yours.. These people burn billions to control our country while they say they need more. Taxes on the top 0.1% were historically over 75% until Reagan. They pay under 25% now..... Oddly, our wages have frozen since, guess whi, Reagan...... This is not working....
ProteanGreninja
Thanks Reagan!!!
Jimmie Aganien
Hey,Policyed! I love your video! I know this comment is marked as spam,that's because it contains a link. But please check out this video! :) https://ai-tube.com/videoai/LT1qS_KNKhD
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Perfect Economic Storm about The Formula For Economic Growth 2 months ago   27:56

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The Perfect Storm: SUPER CYCLES CONVERGE! Economic Earthquake and Tsunami Starts Maybe October 2018!
They talk about these cycles:
Kondratieff wave: Government debt
Juglar cycle: booms and busts
Kitchin cycle: Signals slower business and consumer demand
Kuznets cycle: Income inequality
And the grandaddy of them all, the War cycle.
All these cycles and more are converging to give us the perfect storm of economic collapse.
GET READY. Make sure you at least will have food to eat and water to drink! Contact me, I'd be glad to give you more info on how to prepare.
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