Real-world Economic Review Issue 70

Table of Contents The euro area’s secular stagnation and what can be done about it 2 Leon Podkaminer Six core assumptions for a new conceptual framework for economics 17 Gustavo Marqués The Federal Reserve and shared prosperity 27 Thomas Palley Still about oil? 49 Shimshon Bichler and Jonathan Nitzan A monetary case for value-added negative tax 80 Michael Kowalik Did globalisation stimulate increased inequality? 92 Mohammad Muaz Jalil A population perspective on the steady state economy 106 Herman Daly Money and Say’s law: On the macroeconomic models of Kalecki, Keen and Marx 110 José A. Tapia Asymmetric information, critical information and the information interface 121 Patrick Spread Productivity decline in the Arab world 140 Ali Kadri From TREXIT to GREXIT? – Quo vadis hellas? 161 Claude Hillinger Board of Editors, past contributors, submissions and etc. 164