Towards a General Theory of Deep Downturns
Presidential Address from the 17th World Congress of the International Economic Association in 2014| By: | Joseph E. Stiglitz |
| Publisher: | Springer Nature |
| Print ISBN: | 9781137586902 |
| eText ISBN: | 9781137586919 |
| Edition: | 0 |
| Copyright: | 2016 |
| Format: | Reflowable |
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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.