Larry Summers on Secular Stagnation

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If you thought the western economies were finally shaking off recession and posting reasonable growth rates, think again. They may be suffering a new malaise. Welcome to the world of 'secular stagnation'. Business Daily speaks to former US Treasury Secretary Larry Summers about what secular stagnation is. We also discuss what can be done about it with Simon Jack of our Business and Economics Staff. Plus, we've got our regular commentator Lucy Kellaway of the Financial Times with a radical solution to make your working day more productive