Age of Stagnation

No painless cures for the world's woes!

Satyajit Das on the mirage that is Chinese growth, on Modi and India, and what the common man needs to prepare for, in this interview.


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Age of Stagnation

Not a problem of debt but of growth

Ghost cities, empty buildings and airports, roads and bridges to nowhere in Japan, China and Europe highlight the failure of fiscal policy across the world.


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Age of Stagnation

Monetary madness

Lower rates and increasing the supply of money have stabilised financial markets but have not provided a significant boost to economic activity leading to The Age of Stagnation.


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Age of Stagnation

The ineffectiveness of economic policy

Causes of the crisis are now considered the 'solution'! Viennese critic Karl Krause's views on psychiatry come to mind: "the disease which masquerades as the cure".


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Age of Stagnation

Addicted to monetary morphine

Existing policy does not address the real issues and may not be capable of restoring economic health, but worryingly central banks believe there is no alternative


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Age of Stagnation

Review: Age of Stagnation

Renowned economist Jayati Ghosh finds Satyajit Das's book to be a sharp, clear and approachable critique of all that is wrong with the world economy


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