Are the rise in inequality, the rise of debt, the fall in real interest rate and recent slowdown in growth connected? What are the challenges for long-term economic growth? On February 19, 2015, leading academics working on these issues came together and discussed their findings with the Princeton University community, financial industry leaders and policy practitioners. Lawrence H. Summers, the Charles W. Eliot University Professor and President Emeritus at Harvard University, gave the keynote address "Reflections on Secular Stagnation." Dr. Summers served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama, and as Chief Economist of The World Bank. Videos, papers presented, and corresponding slides from are posted below. Selected photos from the conference are here.
Read the conference summary.