Tag Archives: Stagnation by design

By Joseph E. Stiglitz Austerity policies have made the downturn far deeper, longer, and with long-lasting consequences Soon after the global financial crisis erupted in 2008, I warned that unless the right policies were adopted, Japanese-style malaise – slow growth and near-stagnant incomes for years to come – could set …

By Joseph E. Stiglitz Austerity policies have made the downturn far deeper, longer, and with long-lasting consequences Soon after the global financial crisis erupted in 2008, I warned that unless the right policies were adopted, Japanese-style malaise – slow growth and near-stagnant incomes for years to come – could set …