Posts I Like :
Forget about the "end of capitalism" and look forward to the "decline of corporatism(s)". The Phelps argument is quite similar to the one I developed in an article « La crise des capitalism's hiérarchiques » in the French review Commentaire (Hiver 2006), downloadable on my homepage.
I find the book by Brynjolfsson and McAfee, “Race Against The Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy” vastly superior to Tyler Cowen’s book “The Great Stagnation” as an explanation of current problems, slower growth, and unemployment trends. But both are well worth reading, … and quite short.
There is, especially, a very good paragraph on the three ways to get out of the European debt problem.