Weak economic recovery was down to flawed policies, not secular stagnation | Joseph Stiglitz

Lesson to be learned from 2008 financial crisis is that the challenge was – and is - politicalIn the aftermath of the 2008 financial crisis, some economists argued that the US, and perhaps the global economy, was suffering from “secular stagnation” – an idea first conceived in the aftermath of the Great Depression. Economies had always recovered from downturns, but the Great Depression had lasted an unprecedented length of time. Many believed the economy recovered only be