Secular Stagnation: The Long View
区分了长期停滞的四种解释，并从经济史的长远视角指出投资品相对价格下降是最有力的解释，对研究经济增长和停滞的学者有参考价值。
Four explanations for secular stagnation are distinguished: a rise in global saving, slow population growth that makes investment less attractive, adverse trends in technology and productivity growth, and a decline in the relative price of investment goods. A long view from economic history is most supportive of the last of these four views.