<i>The economics of this inertia is easy to understand, and there are readily available remedies. The world faces a deficiency of aggregate demand, brought on by a combination of growing inequality and a mindless wave of fiscal austerity...The only cure for the world&#x27;s malaise is an increase in aggregate demand. Far-reaching redistribution of income would help, as would deep reform of our financial system -- not just to prevent it from imposing harm on the rest of us, but also to get banks and other financial institutions to do what they are supposed to do: match long-term savings to long-term investment needs.</i><p>Simplified primer by Joseph stiglitz.<p><a href="http:&#x2F;&#x2F;huffpost.com&#x2F;us&#x2F;entry&#x2F;world-economy-2016_b_8908560.html?utm_hp_ref=world" rel="nofollow">http:&#x2F;&#x2F;huffpost.com&#x2F;us&#x2F;entry&#x2F;world-economy-2016_b_8908560.ht...</a>