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Joseph Stiglitz

Joseph Stiglitz: Markets Are "Irrationally Exuberant" About Recovery

bloomberg.com | Francine Lacqua and Jeremy Torobin | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph Stiglitz said U.S. unemployment will keep rising and should be the focus for policy makers, and gains in the stoc...

Joseph Stiglitz: 5 Lessons From The Crisis We May Need To Learn All Over Again

China Daily | Joseph Stiglitz | Posted 05.25.2011 | Business

The best that can be said for 2009 is that it could have been worse, that we pulled back from the precipice on which we seemed to be perched in late 2...

Will Obama Save America From Capitalism?

David A. Love | Posted 05.25.2011 | Politics
David A. Love

American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.

'Third Quarter Growth' and Other Things That Mean Nothing To You

Allison Kilkenny | Posted 05.25.2011 | Business
Allison Kilkenny

If life still sucks for you: you're still unemployed, depressed, broke, homeless, or scraping by on food stamps, don't worry. You're not alone.

Wall Street: Too Big To Regulate

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

How can the Treasury, White House, and Congress be so tone deaf to calls to stop the massive give-away to the same people who got us into this mess?

Joseph Stiglitz: US Economy May Contract Next Year

Posted 05.25.2011 | Business

(AP) -- Nobel Prize-winning economist Joseph Stiglitz warned there's a "significant" chance the U.S. economy will contract in the second half of next ...

What Does The Economy Have To Do With The Market?

The Big Picture | Barry Rithholtz | Posted 05.25.2011 | Business

Far be it from me to challenge a 2-time Nobel prize winner, but sometimes, indeed, quite often, markets decouple from the economic fundamentals. I ...

U.S. Growth Prospects Deemed Bleak In New Decade

Reuters | Pedro Nicolaci Da Costa | Posted 05.25.2011 | Business

A dismal job market, a crippled real estate sector and hobbled banks will keep a lid on U.S. economic growth over the coming decade, some of the nati...

Recession Over? You Gotta Be Kidding!

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

President Obama is hardly alone in claiming that things are now stable, although numerous skeptics suggest such cheerful tidings should be taken with a heavy grain of salt.

Stiglitz, Amartya Sen: GDP A Poor Measure Of Growth

nytimes.com | PETER S. GOODMAN | Posted 05.25.2011 | Business

In a provocative new study, a pair of Nobel prize-winning economists, Joseph E. Stiglitz and Amartya Sen, urge the adoption of new assessment tools th...

Stiglitz Predicts Recession Will End In 2012

DailyFinance | Sam Gustin | Posted 05.25.2011 | Business

Stiglitz's outlook is anything but rosy. Americans must prepare for the recession to continue until 2012 -- practically, if not technically -- he said...

Obama's America: What Is Economic Growth For?

Derek Shearer | Posted 05.25.2011 | Politics
Derek Shearer

Unfortunately, while Obama's words are bold, he acts cautiously when it comes to actual reforms that are necessary to create this new foundation for economic growth.

Joseph Stiglitz Urges End To GDP 'Fetish' In Favor Of Broader Measures

Bloomberg | Mark Deen and David Tweed | Posted 05.25.2011 | Business

Joseph Stiglitz, the Nobel Prize- winning economist, urged world leaders to drop an obsession with examining gross domestic product and focus more on ...

The Difference Between Criticism and Hate Speech

Larry Gellman | Posted 05.25.2011 | Politics
Larry Gellman

They are whack jobs or hard-wired haters, but their influence and numbers are growing among what's left of the Republican party, the news media, and the former Confederacy.

Stiglitz: WeStiglitz: U.S. Economy Needs Another Stimulus Package

The Globe and Mail | Joseph Stiglitz | Posted 05.25.2011 | Business

The green shoots of economic recovery that many people spied this spring have turned brown, prompting concerns about whether the policy of jump-starti...

Stiglitz On Bank Bailout: "We Got A Bad Deal" (VIDEO)

Posted 05.25.2011 | Business

Nobel prize-winning economist Joseph Stiglitz appeared on Yahoo's Tech Ticker recently, and had some pointed words regarding the massive bank bailouts...

Newsweek: Why Is Washington Ignoring "Economic Prophet" Stiglitz?

newsweek.com | Posted 05.25.2011 | Business

Such is the lot of Joe Stiglitz. Even in the contentious world of economics, he is considered somewhat prickly. And while he may be a Nobel laureate, ...

Freedom, Choice, and Health Care Reform

Harry Moroz | Posted 05.25.2011 | Politics
Harry Moroz

The Health Insurance Exchange is a means of regulating private insurance, not destroying it: it maintains a market for insurance, while affirming modern-day economists' good sense.

Societal Blind Spots As Barriers To Health Care Reform

John Geyman | Posted 11.17.2011 | Healthy Living
John Geyman

Our market-based system breeds costs, not restraint. And none of the various multi-payer proposals being considered in Congress have effective methods to contain health care costs.

Sam Stein

Biden Ignores Warnings Of Krugman, Stiglitz, Roubini And Others

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Business

During his interview with ABC's This Week on Sunday, Vice President Joe Biden made what will be a much-discussed admission in the week ahead. The Obam...

How Wall Street Ruined The Reputation Of American-Style Capitalism

Vanity Fair | Joseph Stiglitz | Posted 05.25.2011 | Business

Every crisis comes to an end--and, bleak as things seem now, the current economic crisis too shall pass. But no crisis, especially one of this severit...

Accounting Rules Hide Bank Loan Losses

bloomberg.com | Posted 05.25.2011 | Business

June 5 (Bloomberg) -- Big banks in the U.S. say they're on the mend. The five largest were profitable in the first quarter, rebounding from record los...

Stiglitz And Chanos Argue For Short Selling (WATCH)

The Huffington Post | Cara Parks | Posted 05.25.2011 | Business

Scroll down for video Nobel prize-winning economist Joseph Stiglitz and Jim Chanos, president of Kynikos Associates, one of the largest short selling...

Marcus Baram

Krugman Won't Comment On Off-The-Record Dinner With Obama

HuffingtonPost.com | Marcus Baram | Posted 05.25.2011 | Politics

Nobel-Prize-winning economists Paul Krugman and Joseph Stiglitz have been persistent critics of the bailout, serving as thorns in the side of Presiden...

The Stress Tests Fail The Smell Test

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

The results of the much-anticipated bank stress tests are finally set to be released on Thursday. But we can already give the Obama economic team a grade for the way the tests have been handled: F.