Larry Summers

Charles W. Eliot University Professor and President Emeritus at Harvard University

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Secular Stagnation

"Secular Stagnation – a prolonged period in which satisfactory growth can only be achieved by unsustainable financial conditions –may be the defining macro-economic challenge of our times. The concept of “Secular Stagnation” originally formulated by the eminent Depression-era economist Alvin Hansen, has experienced a revival since my November 2013 speech on the topic." June 7, 2017

"NYTimes: Europe is at risk of secular stagnation" August 30, 2014

"Secular Stagnation: facts, causes and cures" August 28, 2014

"Secular Stagnation Q&A in The New Republic" July 29, 2014

"Secular Stagnation? The Future Challenge for Economic Policy" June 10, 2014

"Idle Workers + Low Interest Rates = Time to Rebuild Infrastructure" The Boston Globe, April 11, 2014

"Washington must not settle for secular stagnation" January 5, 2014

"Why stagnation might prove to be the new normal" December 15, 2013

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Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama.


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