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Joseph Stiglitz

Goldman's Profits Come from Our Pockets: Why We Need a Tobin Tax

Ellen Brown | Posted 11.09.2009 | Business

Read More: Wall Street Traders, Program Trading, Goldman Sachs, Wall Street Bailout, Tobin Tax, Sales Tax, G20 Summit, Joseph Stiglitz, IMF Funding, United Nations, Economic Stimulus, Business News
Ellen Brown

While Wall Street's welfare queens have been busy collecting generous government handouts, the 50 states have been left to fend for themselves.

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

Allison Kilkenny | Posted 10.30.2009 | Business

Read More: U.S. Economy, Goldman Sachs, Joseph Stiglitz, Economic Recession, Economy, Economic Crisis, Recession Fears, New York Times, Gdp, Gross Domestic Product, Recession, Business News
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.

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George Soros Battles Free Market Zealots With New Fund, Economic Journal: Newsweek

newsweek.com | Michael Hirsh | Posted 11.02.2009 | Business

Read More: Sir James Mirrlees, George Soros, Joseph Stiglitz, Hyman Minsky, George Akerlof, Robert Johnson, Institute for New Economic Thinking, Michael Spence, Fiscal Policy, Business News

Large swaths of economics are going to have to be rethought on the basis of what's happened." So said Larry Summers, President Obama's chief economic ...

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Will Obama Save America From Capitalism?

David A. Love | Posted 10.15.2009 | Politics

Read More: Wall Street Bailout, Capitalism: A Love Story, Wall Street Crisis, Capitalism, Michael Moore, Economic Stimulus Package, Economic Crisis, Business News, Financial Crisis, Timothy Geithner, Tarp, Elizabeth Warren, Joseph Stiglitz, Citibank, Paul Krugman, Simon Johnson, Plutonomy, Bill Moyers, Citigroup, Income Inequality, Larry Summers, Wealth, Consumer Protection, Banking Crisis, Banks, Bank Bailout, Foreclosure, Health Care, Mortgage Crisis, Politics News
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.

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What Does The Economy Have To Do With The Market?: Barry Ritholtz

The Big Picture | Barry Rithholtz | Posted 10.06.2009 | Business

Read More: Stock Market, Joseph Stiglitz, Recession, Economy, Business News

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 ...

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Joseph Stiglitz: Investors Are "Irrationally Exuberant" About Recovery

bloomberg.com | Francine Lacqua and Jeremy Torobin | Posted 10.06.2009 | Business

Read More: George Soros, Unemployment, Nouriel Roubini, Joseph Stiglitz, International Monetary Fund, Business News

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...

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Wall Street: Too Big To Regulate

Garrett Johnson | Posted 10.06.2009 | Business

Read More: Wall Street Bailout, Financial Reform, Fdic, White House, Bank of America, Treasury Department, Hank Paulson, Willaim K. Black, Joseph Stiglitz, Nobel, Federal Reserve, Timothy Geithner, Public Private Investment Program, Thomas Hoenig, Sheila Bair, Tarp, Business News
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?

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Recession Over? You Gotta Be Kidding!

Dan Dorfman | Posted 09.28.2009 | Business

Read More: Abraham Lincoln, Ben Bernanke, Food Emporium, Joseph Stiglitz, Gristede's, New York City, Recession, Barack Obama, Business News
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.

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Stiglitz, Amartya Sen: GDP A Poor Measure Of Growth

nytimes.com | PETER S. GOODMAN | Posted 09.23.2009 | Business

Read More: Gdp, Economic-Growth, Amartya Sen, Joseph Stiglitz, New Growth Theory, Nicolas Sarkozy, Business News

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...

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Obama's America: What Is Economic Growth For?

Derek Shearer | Posted 09.19.2009 | Politics

Read More: President Obama, Economic Policy, John Maynard Keynes, Health Care, Economic Crisis, Obama Administration, Bill Clinton, Marshall Ganz, Joseph Stiglitz, Economy, Hillary Clinton, Bill Clinton Health Care, Obama Economy, Barack Obama, Capitalism: A Love Story, Politics News
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.

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Stiglitz Predicts Recession Will End In 2012

DailyFinance | Sam Gustin | Posted 09.18.2009 | Business

Read More: Financial Crisis, Recession End, Joseph Stiglitz, Recession, Business News

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

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

Bloomberg | Mark Deen and David Tweed | Posted 09.13.2009 | Business

Read More: Economy, Joseph Stiglitz, Business News

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

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The Difference Between Criticism and Hate Speech

Larry Gellman | Posted 09.11.2009 | Politics

Read More: Republican National Committee, Mark Levin, Right Wing Media, Audra Shay, Rush Limbaugh, Right Wing, Obama Health Care, Barack Obama, Obama Hitler, Joseph Stiglitz, Sarah Palin, Harpers Magazine, Health Care Reform, Rush Limbaugh Obama, New York Times, Hate Speech, Ben Stein, Republican Party, Virginia Foxx, Republicans, Politics News
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.

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Stiglitz: U.S. Economy Needs Another Stimulus Package

The Globe and Mail | Joseph Stiglitz | Posted 09.07.2009 | Business

Read More: Economic Stimulus Package, Joseph Stiglitz, Stimulus, Tarp, Recession, Business News

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

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

Posted 09.03.2009 | Business

Read More: Ben Bernake, Bailout, Banks, Ben Bernanke, Bank Bailout, Joseph Stiglitz, Tarp, Business News

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

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Information Asymmetries Part II

Leslie Pratch, Ph.D. | Posted 08.27.2009 | Business

Read More: Government, Paul Krugman, Economic Stimulus, Poverty, Joseph Stiglitz, Stock Market, Sam Pelzman, Payroll Taxes, Milton Friedman, Global Financial Crisis, Financial Advice, Business News
Leslie Pratch, Ph.D.

It takes time for labor unemployment to go down, but there is now a lot of slack capacity and eventually that slack capacity will be priced appropriately and then, finally, consumers will spend.

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

newsweek.com | Posted 08.18.2009 | Business

Read More: Barack Obama, Economic Recession, Economic Crisis, President Obama, Washington, Stiglitz, Joseph Stiglitz, Recession, Business News

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, ...

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Freedom, Choice, and Health Care Reform

Harry Moroz | Posted 08.17.2009 | Politics

Read More: The Great Transformation, The Foundry, Freedom, Health Insurance Exchange, Heritage Foundation, Karl Polanyi, Joseph Stiglitz, Rory Cooper, Health Care, Public Option, Conservatives, Politics News
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.

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Societal Blind Spots As Barriers To Health Care Reform

John Geyman | Posted 08.16.2009 | Living

Read More: PhRMA Lobby, John Geyman M.D., The Cancer Generation, Improvement and Modernization Act of 2003, Market-Based Health Care System, Blue Cross Blue Shield, America’s Health Care Plans, Sustainable System of Universal Access, White House’s Health Care Summit, Joseph Stiglitz, Conyers Bill (H.R. 676), Health Care Reform, Single Payer System, . The Medicare Prescription Drug, Huffington Post, Ahip, Ph.D., Barriers to Health Care Reform, Living News
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.

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Sam Stein

Biden Ignores Warnings Of Krugman, Stiglitz, Roubini And Others

HuffingtonPost.com | Sam Stein | Posted 08.05.2009 | Business

Read More: Krugman Stimulus, Joseph Stiglitz, Obama Stimulus, Joseph Biden, Roubini, Biden Stimulus, Biden Abc, Abc This Week, Economic Forecasting, Biden Krugman, Paul Krugman, Business News

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...

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How Wall Street Ruined The Reputation Of American-Style Capitalism

Vanity Fair | Joseph Stiglitz | Posted 07.10.2009 | Business

Read More: Financial Crisis, Wall Street Meltdown, Joseph Stiglitz, Wall Street, Business News

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...

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Accounting Rules Hide Bank Loan Losses

bloomberg.com | Posted 07.06.2009 | Business

Read More: Banking-Reform, Morgan Stanley, Joseph Stiglitz, Wells Fargo, Bank of America, Banking Crisis, Timothy Geithner, Bank Loans, Business News

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...

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Stiglitz And Chanos Argue For Short Selling (WATCH)

The Huffington Post | Cara Parks | Posted 07.05.2009 | Business

Read More: Jim Chanos, Roosevelt Institute, Joseph Stiglitz, Financial Crisis, Short Selling, Business News

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

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Marcus Baram

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

HuffingtonPost.com | Marcus Baram | Posted 06.05.2009 | Politics

Read More: Krugman Stiglitz, Obama Dinner With Krugman, Stiglitz Obama, Joseph Stiglitz, Krugman, Paul Krugman, Krugman Obama, Politics News

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

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The Stress Tests Fail The Smell Test

Arianna Huffington | Posted 06.04.2009 | Business

Read More: Stress Tests, Nouriel Roubini, Obama Bank Stress Tests, Joseph Stiglitz, Economy, Bank Stress Tests, Obama Administration, Nassim Taleb, Obama Economy, Cramdown, Business News
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.

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