From the article:
This is a concise summary of what I currently believe.
| Low Creation | High Creation | |
|---|---|---|
| Low Destruction | Corporatist Stagnation | Schumpeterian Boom |
| High Destruction | Minsky Recession | Rising Dynamism |
Source: Arnold Kling, "Toward a New Macroeconomics, Part One," askblog.com, December 31, 2013
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