Construct · 3 fields · 4 citations
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In fluid dynamics a stagnation point is a location in a flow field where the local velocity falls to zero, as on the nose of a body facing an oncoming stream, and the stagnation pressure is the pressure a fluid element reaches when it is brought isentropically to rest there. By Bernoulli's principle the kinetic energy of the approaching flow is converted entirely into pressure, so stagnation (or total) pressure is the sum of static and dynamic pressure, and the difference between the two is what a pitot-static tube reads to infer airspeed. Anderson's Fundamentals of aerodynamics and Batchelor's An introduction to fluid dynamics treat the stagnation point and stagnation pressure as the reference state for the whole flow. The referent is a zero-velocity condition in a moving fluid, and it has nothing to do with a stalled economy or an arrested stage of adult life beyond the shared image of coming to a halt.[1][2]
In macroeconomics, stagnation, and in particular secular stagnation, names a prolonged period in which an economy settles into chronically weak demand, low growth, and low inflation, so that the interest rate needed to reach full employment sits below zero and conventional policy struggles to lift output. Summers's U.S. economic prospects: Secular stagnation, hysteresis, and the zero lower bound revived Alvin Hansen's 1930s diagnosis for the post-2008 era, arguing that a persistent savings–investment imbalance can trap an economy at a depressed equilibrium. The referent is a macroeconomic state of durable underperformance, tracked by growth, investment, and the natural rate of interest, and it is unrelated to a zero-velocity point in a fluid or a psychological plateau in adulthood.[3]
In Erikson's model of psychosocial development, stagnation is the negative pole of the seventh stage, generativity versus stagnation, the midlife crisis in which an adult who fails to invest in guiding the next generation or contributing beyond the self lapses into self-absorption, boredom, and a sense of going nowhere. Erikson's Childhood and society frames it as the developmental cost of not achieving generativity, a kind of personal impoverishment rather than growth. The referent is an arrested phase of adult identity and purpose, assessed through life-review and generativity measures, and it shares only a metaphor of standing still with a fluid's stagnation point or a stalled economy.[4]
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