Towards a General Theory of Deep Downturns: Presidential Address from the 17th World Congress of the International Economic Association in 2014
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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- International Economic Association
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- April 15, 2019
Presidential Address from the 17th World Congress of the International Economic Association in 2014. Published as IEA Conference Volume, 155-VI, Houndmills, UK and New York: Palgrave Macmillan, 2016; and as NBER Working Paper 21444, August 2015.