Towards a General Theory of Deep Downturns: Presidential Address from the 17th World Congress of the International Economic Association in 2014

  • Joseph E. Stiglitz

Part of the International Economic Association Series book series (IEA)

Table of contents

  1. Front Matter
    Pages i-vi
  2. Joseph E. Stiglitz
    Pages 1-4
  3. Joseph E. Stiglitz
    Pages 5-12
  4. Joseph E. Stiglitz
    Pages 13-46
  5. Joseph E. Stiglitz
    Pages 47-60
  6. Joseph E. Stiglitz
    Pages 61-63
  7. Back Matter
    Pages 64-71

About this book


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.


Economic crises capitalist economy deep downturns financial systems macroeconomics monetary policy the Great Depression the failure of economic models. depression

Authors and affiliations

  • Joseph E. Stiglitz
    • 1
  1. 1.Columbia UniversityUSA

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2016
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Economics and Finance
  • Print ISBN 978-1-349-88768-2
  • Online ISBN 978-1-137-58691-9
  • Buy this book on publisher's site