Towards a General Theory of Deep Downturns
ebook ∣ Presidential Address from the 17th World Congress of the International Economic Association in 2014 · International Economic Association Series
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.
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