Second Session of the “ierp Round Table” on February 06th 2019
February 06, 2019: Interest and Growth – a zero interest rate as a necessary condition for a steady state? In this session we want to discuss, based on an essay by Dirk Löhr, the position of the heterodox [...] growth dynamics, considering under which conditions economic growth can be replaced by a “steady state”. Core aspects of the discussion will be the “golden rule of accumulation” (Phelps) as well as the