The Great Malaise drags on | Joseph E. Stiglitz4 min read . Updated: 30 Dec 2013, 12:22 AM IST
Seen in the broader context of the continuing Great Malaise, both 2013 and 2014 will come to be regarded as a time of wasted opportunities
There’s something dismal about writing year-end roundups in the half-decade since the eruption of the 2008 global financial crisis. Yes, we avoided a Great Depression II, but only to emerge into a Great Malaise, with barely increasing incomes for a large proportion of citizens in advanced economies. We can expect more of the same in 2014.
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