Larry Summers on Secular Stagnation Read more Follow @LHSummers on Twitter The article explores how expansionary fiscal policy by the U.S. government can help overcome secular stagnation problems and get growth back on track. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama. “ F iscal Policy And Full Employment, ” Center on Budget and Policy Priorities, by Laurence Ball, Brad DeLong, and Larry Summers, April 2, 2014 “ US Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound, “ National Association of Business Economics, February 24, 2014. Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus at Harvard University. Summers published an article title, “The Age of Secular Stagnation: What It Is and What to Do About It,” in the February issue of Foreign Affairs. Full bio.
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