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Joseph Stiglitz

Can We Head Off a Long Hot Summer of Riots and Rebellion?

Peter Dreier | Posted 05.26.2015 | Politics
Peter Dreier

If the voices and concerns of ordinary Americans aren't at the center of this debate, we can expect the ticking time bomb of urban unrest to explode in more and more communities. Without major reforms, the recent upheavals in Ferguson and Baltimore may simply be a precursor to a wave of 21st century riots.

The World Is Bifurcated and Disrupted

Said Elias Dawlabani | Posted 05.21.2015 | Business
Said Elias Dawlabani

Why have ideas of contemporary thinkers like Thomas Friedman proved to be incomplete only ten years after they defined the brave new world we live in. Today's world changes at the speed of light and, unless these thinkers can ride on those light particles their insights will only paint a partial picture that lasts for no more than a minute.

New Rules

Leo W. Gerard | Posted 05.18.2015 | Politics
Leo W. Gerard

The promise of America is that anyone who works hard and plays by the rules can earn a middle-class life. That promise is betrayed when the system provides a tiny class of Americans with special treatment, including a get-out-of-jail-free card when they commit fraud to make untold millions.

Hillary 'Rewrites' the Economic Debate

Richard Brodsky | Posted 05.12.2015 | Politics
Richard Brodsky

One reason Hillary Clinton is a formidable politician is that she's very smart and very comfortable with ideas. Another reason is an uncanny ability to ignore the past, and its mistakes.

Piketty, Stiglitz and Our Renewed Interest in Inequality

Marcelo Giugale | Posted 05.10.2015 | Politics
Marcelo Giugale

The study of inequality has been going on forever. To give you an idea, the index used to measure how unequal the distribution of income is -- the "Gini Coefficient" -- was invented a century ago. So, why the sudden interest? Why worry now about something that has been the fodder of academics, politicians, and the media for so long?

Jesus Wants an Ethical Minimum Wage and a Serious Campaign Against Poverty.

Nancy Graham Holm | Posted 05.13.2015 | Books
Nancy Graham Holm

Although his narrative never slides into an ardent polemic, it is arguable that Reza Aslan's Jesus is a bold and tireless advocate for the poor. A clo...

Dan Price, Don Quixote and the Surprising Intelligence of a $70,000 Minimum Wage

Marcy Syms | Posted 04.29.2015 | Business
Marcy Syms

We share Rush Limbaugh's fantasy that one day Dan Price's decision to drastically cut his own pay will be written up as a case study for MBA students. The difference is that we hope that it will be taught as an example of visionary leadership in the face of seemingly impossible odds.

Tavis Smiley: My Conversation With Joseph Stiglitz on the Failure of Trickle-Down Economics

Tavis Smiley | Posted 04.28.2015 | Politics
Tavis Smiley

Last night, I was joined by Columbia University professor and Nobel Prize-winning economist Joseph Stiglitz, one of the nation's most outspoken advocates on the critical issue of income inequality.

Joseph Stiglitz: Hillary Is 'Clearly Much Better' For The Economy Than Republicans

HuffPost Live | Emily Tess Katz | Posted 04.23.2015 | HuffPost Live 321

Joseph Stiglitz is hoping to see more from Hillary Clinton's 2016 platform regarding economic growth, but the economist still says the Democrat is "cl...

Economist: America Could (And Should) Tackle Inequality Now

HuffPost Live | Emily Tess Katz | Posted 04.23.2015 | Business

Nobel Prize-winning economist Joseph Stiglitz in a HuffPost Live conversation Wednesday said that young Americans face a lack of opportunity -- unless they come from a privileged background, that is.

Why Britain Joining China-Led Bank Is a Sign of American Decline

Kishore Mahbubani | Posted 05.16.2015 | World
Kishore Mahbubani

SINGAPORE -- The U.S. can no longer dominate world history. A new power has also arrived. The British decision to join the Asian Infrastructure Investment Bank was an epochal event. It may have heralded the end of the American century and the arrival of the Asian century.

What Is the Real Greek Morality Tale?

Joseph E. Stiglitz | Posted 04.05.2015 | World
Joseph E. Stiglitz

Does anyone in their right mind think that any country would willingly put itself through what Greece has gone through, just to get a free ride from its creditors? If there is a moral hazard, it is on the part of the lenders -- especially in the private sector -- who have been bailed out repeatedly.

When the Economy Is Explained By the Beatles

Gaia Paradiso | Posted 03.18.2015 | Impact
Gaia Paradiso

If you can picture the Beatles explaining today's economy through their songs' lyrics, I suggest you take a look at Federico Rampini's work.

Joseph Stiglitz on Why the Rich Are Getting Richer -- and Why It Could Get Much Worse

Lynn Parramore | Posted 02.18.2015 | Politics
Lynn Parramore

In this interview, he explores the work of Thomas Piketty and the need for the field of economics -- and the country -- to come to terms with the growing gulf between haves and have-nots.

U.S. May Soon Stand Alone for Failing to Ratify U.N. Convention on the Rights of the Child

Bruce Lesley | Posted 02.16.2015 | Impact
Bruce Lesley

Twenty-five years after ratification of the U.N. Convention on the Rights of the Child (CRC), Somalia and the South Sudan are taking steps to join 193 other countries around the world that have ratified the treaty.

The Age of Vulnerability

Joseph E. Stiglitz | Posted 02.04.2015 | World
Joseph E. Stiglitz

It used to be thought that America's greatest strength was not its military power, but an economic system that was the envy of the world. But why would others seek to emulate an economic model by which a large proportion -- even a majority -- of the population has seen their income stagnate while incomes at the top have soared?

A Really Good Reason to Oppose the Next 'Trade' Deals

Stan Sorscher | Posted 11.05.2014 | Business
Stan Sorscher

My job depends on trade. I'm 100 percent in favor of trade. By the same token, we can have good trade policies that raise living standards, or bad trade policies that deindustrialize our economy and distort social and political power relationships.

The Opportunity of a Generation: Ending Extreme Inequality

Winnie Byanyima | Posted 09.16.2014 | Impact
Winnie Byanyima

We need to tackle extreme inequality because is morally indefensible and socially corrosive -- undermining our health, affecting our well-being, and undermining peaceful societies.

Buy the Numbers? Our Confounding and Insufficient Government Statistics

Frank Islam | Posted 08.18.2014 | Politics
Frank Islam

We currently have a national system of leading indicators that does not include or count important things that can be counted. We need one that does.

Overcoming Inequality and Climate Change Key to Ending Poverty

Winnie Byanyima | Posted 08.17.2014 | Impact
Winnie Byanyima

If we get it right, a bold new framework for global development next year, together with agreement at the UN climate talks in Paris, could provide the impetus for a transition to a more equal world -- a world without the scourge of poverty and climate change.

Guess Who Tried to Prevent the VA Crisis -- and Who Stood in Their Way!

Anthony W. Orlando | Posted 07.30.2014 | Politics
Anthony W. Orlando

Who would've ever thought, after years of relentless cost-cutting in the halls of Washington, that the federal government actually spends our money on important stuff? Who would've thought that wars cost money, and tax cuts cost money, and maintaining our infrastructure costs money?

Only Aggressive Action Will Save the American Labor Movement

Alan Singer | Posted 04.26.2014 | Politics
Alan Singer

Only aggressive action is going to save the American labor movement. When laws are made by the rich and powerful to serve their interests, organized workers need to stop obeying the laws.

Vermont's @SenSanders Is Right: Use War Money to Take Care of Veterans

Robert Naiman | Posted 03.26.2014 | Politics
Robert Naiman

Sometimes Senator Bernie Sanders does something that reminds us that it does actually matter that he's an Independent in the best sense of the word: thinking for himself, not accepting the D.C. "conventional wisdom" that often defines the limits of reform. Now, Bernie's done it again.

Spiritual Death Can Be Avoided

Rev. Ed Bacon | Posted 03.24.2014 | Religion
Rev. Ed Bacon

It's the day after Martin Luther King, Jr. Day at this writing. That means that it's the day in which we can return to forgetting about Dr. King's values or we can take a new stride in making Kingian principles tangible.

Watt Now? (Or, Can Mel Watt Fix the Housing Crisis?)

Peter Dreier | Posted 02.12.2014 | Politics
Peter Dreier

News coverage of the Senate's confirmation of Congressman Mel Watt on Tuesday to head the Federal Housing Finance Agency (FHFA) was all about politics, not the housing or banking issues he now has to address.