Mullaney Keating & Wright

Independent Investment Professionals

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FUTURE ECONOMIC GROWTH

I have previously reported on the pessimistic view of Robert Gordon from Northwestern University and other analyses of our economic future.  Charles Jones of Stanford, another well respected growth guru, has presented his own diminished expectations in Future of US Economic Growth – Jones.  His stylized facts and perspective how new ideas effect the growth rate are interesting.  Skip the algeba (there is not much).

TFM