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Towards a General Theory of Deep Downturns

Presidential Address from the 17th World Congress of the International Economic Association in 2014

Towards a General Theory of Deep Downturns by Joseph E. Stiglitz
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Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.
Palgrave Macmillan UK; January 2016
78 pages; ISBN 9781137586919
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Title: Towards a General Theory of Deep Downturns
Author: Joseph E. Stiglitz
 
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