(P-S) Those responsible for managing the 2008 recovery found the idea of Secular Stagnation attractive, because it explained their failures to achieve a quick, robust recovery. So, as the economy languished, a concept born during the Great Depression of the 1930s was revived. NEW YORK – In the aftermath of the 2008 financial crisis, some … Continue reading (P-S) The Myth of Secular Stagnation – Joseph E. Stiglitz →