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Freefall

Why the Great Malaise of the World Economy Continues in 2016

Joseph E. Stiglitz | Posted 01.04.2016 | World
Joseph E. Stiglitz

The only cure for the world'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.

Record-Seeking Skydiver Survives Amazing Practice Jump

AP | MARCIA DUNN | Posted 10.08.2012 | Science

-- "Fearless Felix" Baumgartner has jumped 2,500 times from planes and helicopters, as well as some of the highest landmarks and skyscrapers on the p...

Joseph Stiglitz: Banks 'Gutted' Almost Every Provision In The Financial Bill

ABC | Posted 05.25.2011 | Business

Joseph Stiglitz is a Nobel laureate, a former chief economist of the World Bank and he chaired Bill Clinton's presidential council of economic advisor...

Joseph Stiglitz Interview: 'We're More Strict With Our Poor Than With Our Banks'

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

During the economic turmoil of the last few years, Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz has been one of the...

Summers: U.S. Economy No Longer In 'Freefall'

Bloomberg | Chua Kong Ho | Posted 05.25.2011 | Business

(Bloomberg) -- The U.S. economy is no longer in "freefall," Lawrence Summers, director of the White House National Economic Council, said today in a p...