Steve Roth: Elephant in the Room: Upward Redistribution, Concentrated Income and Wealth, and Secular Stagnation: Dean Baker quite rightly takes Robert Samuelson to task for his op-ed on the causes of secular stagnation…. But Dean’s explanation also misses the the 800-pound gorilla…. Brad Delong, likewise, reels off four possible explanations today while ignoring what seems to me to … Continue reading Is Much of Our Current Low Natural Rate of Interest Is Due to the Rise in Income and Wealth Inequality?