From Project Syndicate, Joseph E. Stiglitz on the myth of secular stagnation: The concept was always merely a fig leaf for bad politics and flawed economic policies; Larry Summers on setting the record straight on secular stagnation (and more by Stiglitz); Roger E.A. Farmer on secular stagnation revisited (and more by Summers); Nouriel Roubini and Brunello Rosa on the makings of a 2020 recession and financial crisis; and who really creates value in an economy? Mariana Mazzucato on how, ten years after the global economic crisis, economic policy continues to be informed by neoliberal ideology and its academic cousin, “public choice” theory, rather than by historical experience.
