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Joseph Stiglitz: Europe's Austerity Plans Are A 'Suicide Pact' That Will Collapse Economies

Stiglitz Europe Economy

First Posted: 01/17/12 12:29 PM ET Updated: 01/17/12 12:29 PM ET

The Telegraph:

Imposing austerity measures as countries slow towards recession is a fundamentally flawed response, said Mr Stiglitz, who won the Nobel prize in 2001 for his work on how markets work inefficiently.

Read the whole story: The Telegraph

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Filed by Jillian Berman  |