Economic Growth

The global economy appears to be stuck in a pattern of low growth, low inflation and unresolved debt burdens. Is this a result of policy mistakes, or have the fundamental dynamics of the economy shifted into an era of little or no growth known as secular stagnation?

Secular Stagnation: An Event with Larry Summers

Distinguished Scholars Including Larry Summers and Adair Turner Present Evidence of the Trend and Policy Solutions Read more

Response to Peter Bofinger's "Friendly Fire"

I am grateful to Professor Peter Bofinger for alleviating some of the worries I had after reading his VoxEU paper. To be clear, his comment leaves no doubt that he: Read more