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Joseph Stiglitz

Joseph Stiglitz: Economy Is In Shambles -- But So Is Our 'Economic Paradigm' | Joseph Stiglitz | Posted 05.25.2011 | Business

Today, not only is our economy in a shambles but so too is the economic paradigm that predominated in the years before the crisis -- or at least it sh...

Michael Hirsh's "Capital Offense"

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

There is a long and distinguished literature on what's known, in the sniffy French, as "la trahison des clerics" - the betrayal of the intellectuals. ...

Will We Finally Get a Seat at the Table? Help Pick a Replacement for Larry Summers

David Segal | Posted 05.25.2011 | Business
David Segal

There are countless progressive economists who advocate for higher minimum wages, tighter financial regulation, fair trade agreements, and an economy that generally works for you and me.

Cold Case File: Who Shot Down a 70-Year-Old Attack on Social Security?

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

How did we reach such a state of confusion about the solvency of Social Security? Actuaries deal in probabilities and statistics. What were the odds we'd be so confused in 2010?

Joseph Stiglitz: Cutting Taxes Won't Help Recovery

CNBC | Antonia Oprita | Posted 05.25.2011 | Business

The US government should stimulate investment in order to ensure solid and sustainable economic growth, not cut taxes, Nobel Prize-winning economist J...

2010 World Business Forum: Al Gore's Slides Can Save the Planet

Robyn Greenspan | Posted 05.25.2011 | Business
Robyn Greenspan

Abandoning the polluting 100-year-old technologies of the past to prepare for a sustainable 21st century could break our dependence, put people to work and save the economy, asserts Al Gore.

Tone Deaf White House Needs Top Economic Honcho to Counter Criticism That It's Anti-Middle Class

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

The administration seems intent on shooting itself and Democrats in the foot by appointing a conservative pro-business executive rather than a proven fighter for the economic interests of the middle class.

After Summers, Which Path Will the President Take?

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Now that Larry Summers is leaving, the president has a decision to make that will send a signal about the next two years of economic policy. That signal can restore consumer confidence and reinvigorate the electorate, or it can lead to even more discouragement and despair. This week unnamed administration officials floated the idea of naming a corporate executive to the position. That's a trial balloon that should be punctured immediately.

Mr. Zenawi Goes to College!

Alemayehu G. Mariam | Posted 05.25.2011 | World
Alemayehu G. Mariam

Meles Zenawi would rather go blind than face the naked truth about his atrocious record over the past two decades, but we are not afraid to confront his best dressed lies at the World Leaders Forum.

'Stimulus Now': Economists Including Joseph Stiglitz, Alan Blinder Call For More Government Spending

The Daily Beast | Posted 05.25.2011 | Business

As in the 1930s, the economy is suffering a sharp decline in aggregate demand and loss of business confidence. Long experience shows that monetary pol...

Open Letter to President Lee C. Bollinger, Columbia University

Alemayehu G. Mariam | Posted 05.25.2011 | World
Alemayehu G. Mariam

September 17, 2010 President Lee C. Bollinger Office of the President Columbia University 202 Low Library 535 West 116th Street New York, NY 10027...

Fixing America's Broken Housing Market

Joseph E. Stiglitz | Posted 05.25.2011 | Business
Joseph E. Stiglitz

The Obama administration's reluctant and belated recognition that its efforts to get the housing and mortgage markets working again have largely failed.

Joseph Stiglitz And Linda Bilmes: The True Cost Of The Iraq War

Washington Post | Posted 05.25.2011 | World

Writing in these pages in early 2008, we put the total cost to the United States of the Iraq war at $3 trillion. This price tag dwarfed previous estim...


Lawrence Lessig | Posted 05.25.2011 | Politics
Lawrence Lessig

It seems that just about every hundred years or so, the body politic we call America swells with fever as it fights off a democracy-destroying disease. That disease is "Special Interest Government".

Joseph Stiglitz: Europe At Risk Of Double-Dip Recession

Bloomberg | Simone Meier and Dara Doyle | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph Stiglitz said the European economy is at risk of sliding back into a recession as governments cut spending to red...

A Misguided Deficit Commission

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

The Obama Administration's Deficit Commission is at best errant in its mission and at worst a bait-and-switch ploy being run on the American people.

Joseph Stiglitz: Why We Can't Trust Regulators To Rein In Wall Street

Project Syndicate | Joseph Stiglitz | Posted 05.25.2011 | Business

This is important not just as a matter of history and accountability: much is being left up to regulators. And that leaves open the question: can we t...

Stiglitz: It's 'Absolutely Clear' U.S. Needs A Second Round Of Stimulus

Bloomberg | Michael Heath and Rishaad Salamat | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph E. Stiglitz said the U.S. economy faces an "anemic recovery" and the government will need to enact another round ...

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...

Our Response to Harold Evans's Stimulus Letter

James K. Galbraith | Posted 05.25.2011 | Politics
James K. Galbraith

We call on fellow economists to reconsider their casual willingness to concede to an unfounded hysteria over supposed long-term deficits, and to concentrate instead on solving the vast problems we presently face.

BRIC and Beyond: Economies That Will Shape the 21st Century

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

Goldman Sachs has proposed 15 candidates for countries whose economies may be major players in the world economy by 2050. Here's where the issue of having quality metrics appears.

Tax, Baby, Tax

Bob Burnett | Posted 05.25.2011 | Politics
Bob Burnett

The tax burden isn't too high on the rich; it's too low. Tax fairness requires the US to increase taxes on the richest 10 percent of Americans and cut taxes for working families.

Stiglitz On Senate Financial Reform Bill: 'Too Little' Protection

Politico | Joseph E. Stiglitz | Posted 05.25.2011 | Business

Our regulatory system failed partly because we had regulators who didn't believe in regulation. Unless we "hard-wire" stronger regulations into our sy...

IMF Protesters Try to Disrupt Cambridge University Address by Strauss-Kahn

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

IMF Executive Director Dominique Strauss-Kahn is "cool under fire", as Central European University President John Shattuck said when introducing him, and didn't break his stride during his presentation at Kings College, University of Cambridge.

Ireland's Banking and Economic Crisis: Toxic Loans Surpass Estimate of Irish Government

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Prior to Greece becoming the economic and financial basket case of Europe, it was Ireland that held that dubious distinction.