Excerpt
Excerpt
Reflections on Secular Stagnation. Lawrence Summers, February 19, 2015, Opinion. "Summers gave the keynote address at Princeton University’s Julius-Rabinowitz Center for Public Policy & Finance on February 19, 2015. In his remarks, Summers gave his perspective on the “profound macroeconomic challenge of the next 20 years in the industrial world: secular stagnation.” Link