How ‘Secular’ Became a Word for Clerics and Economists

February 6, 2015 6:58 PM

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How ‘Secular’ Became a Word for Clerics and Economists

If you read the financial headlines these days, you might get the impression that our leading economists have gone back to that old-time religion.

In recent months, many financial pundits have issued dire warnings that the world economy may have entered a long-term period of slow growth known as “secular stagnation.” In economics, “secular” is not opposed to “spiritual” or “sacred,” as it is in theological circles. Rather, it describes trends ...

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