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Joseph Stiglitz

Stiglitz Explains the Great Depression

Robert Teitelman | Posted 02.20.2012 | Business
Robert Teitelman

By now seemingly everyone with access to a blog has contributed to the theory Joseph Stiglitz offers up in, of all places, the new Vanity Fair, about the causes not just of the Great Depression, but analogously, what he calls our own "Long Slump."

Can Occupy Overturn Citizens United? "Dear 99%ers..."

Mark Green | Posted 02.13.2012 | Politics
Mark Green

Nothing could enhance American democracy more than if Occupy Wall Street helped enact the 28th Constitutional Amendment to end the pretense that corporations are people who speak with money. The 99% can stop the privatization of government.

Eamon Murphy

Larry Summers Denounces Inequality -- But Why?

HuffingtonPost.com | Eamon Murphy | Posted 11.28.2011 | Business

Why is Larry Summers suddenly so worried about inequality? The Harvard professor -- a former U.S. Treasury Secretary and Barack Obama’s first D...

Crash Tax: Wall Street Reparations

Leo W. Gerard | Posted 01.14.2012 | Business
Leo W. Gerard

It's time for Wall Street to pay reparations for the financial collapse it caused. It's time for a crash tax, a tiny sales tax on Wall Street transactions, the revenues from which would pay for Main Street restoration.

Billions Of Lost Iraq Cash Finally Accounted For

The Huffington Post | Harry Bradford | Posted 12.27.2011 | Business

As the decade-long Iraq conflict finally comes to close, so too does the mystery of a stockpile of American cash worth billions lost during the war. ...

The Krugman/Stiglitz Army Is on the March (and It's Too Late for Michael Bloomberg to Stop It)

Miles Mogulescu | Posted 12.14.2011 | Politics
Miles Mogulescu

Whether or not the the #Occupy Wall Street protesters explicitly adopt policy proposals or only generate political energy for the spirit of them, the Krugman/Stiglitz Army is at last on the march.

The Big Banks Lose Control of the Optics

Joseph A. Palermo | Posted 12.06.2011 | Business
Joseph A. Palermo

If the feds under Reagan could prosecute a couple of corrupt high rollers on Wall Street, why can't they do it under Obama?

Matt Sledge

PHOTOS: Occupy Wall Street Protesters Remain Defiant After Brooklyn Bridge Arrests

HuffingtonPost.com | Matt Sledge | Posted 12.02.2011 | New York

NEW YORK -- The day after the police took custody of an estimated 700 marchers on the Brooklyn Bridge, protesters in Lower Manhattan's Zuccotti Park s...

Widening Income Inequality Bad For Economic Growth: IMF Report

The Huffington Post | Bonnie Kavoussi | Posted 11.20.2011 | Business

The widening gap between the wealthy and everyone else in the United States may be hindering a broader economic recovery, according to a new study. ...

Now Obama Must Lead Democrats and the Nation

Brent Budowsky | Posted 10.18.2011 | Politics
Brent Budowsky

Yes, President Obama inherited a mess. But it is unacceptable that in the third year of his presidency he still blames his predecessor and does bus tours to promote jobs programs that do not exist.

War and Taxes

Jim Worth | Posted 09.27.2011 | Politics
Jim Worth

The battle in Congress over taxes is -- historically -- unprecedented and unAmerican. We are in a time of war! Our government sent our young men and...

Why Republicans Can't Say Yes to Obama

Fernando Espuelas | Posted 09.18.2011 | Politics
Fernando Espuelas

So it's not about the deficit after all.

Nobel Economist Sues Former Divorce Lawyer To Recoup Prize Money

Bloomberg | Posted 08.30.2011 | Divorce

Economist Joseph E. Stiglitz is asking a federal jury in Washington to award him more than $1 million in damages from his former lawyer, who he says f...

Riding White Water Economics Without Paddles and Rudder

Steve Clemons | Posted 08.20.2011 | Politics
Steve Clemons

What would it take for Pleasantville to become modern-day Greece -- where people are losing all that they have built and the social stress is undermining the solvency of the state?

The War in Afghanistan: A Burden Taxpayers Can't Afford

Rep. John Conyers | Posted 06.18.2011 | Politics
Rep. John Conyers

No one likes to pay taxes, but most Americans understand our country is stronger because we collectively fund our national priorities. But we shouldn't be asking constituents to sacrifice unnecessarily for a counterproductive war.

Stiglitz to Obama: Don't Reward Richest 1% in Budget Deal Compromise

Democracy Now! | Posted 06.12.2011 | Politics
Democracy Now!

Nobel Prize-winning economist Joseph Stiglitz, says "Obviously a house divided can't stand -- you start getting tensions, you start not paying attention to the things that make us cohesive as a nation."

New Economic Thinking Conference To Shatter Illusion of Control

Steve Clemons | Posted 06.07.2011 | Politics
Steve Clemons

As INET Executive Director Rob Johnson said, "last year's conference punctured the mystique of market stability (not to mention real events). This year, the conference will shatter the illusion of control."

How the Richest "1 Percent" Keep Rewarding Themselves for Epic Failure

Linda Keenan | Posted 06.07.2011 | Business
Linda Keenan

A signature feature of the shadow lobbyist era is not just a manipulation of public policy, but also an embrace of "failing upward". No matter the track record, the elite 1 percent seek more of the same.

The Peasants Need Pitchforks

Robert Scheer | Posted 06.05.2011 | Politics
Robert Scheer

The delusion of a classless America in which opportunity is equally distributed is the most effective deception perpetrated by the moneyed elite that controls all the key levers of power in what passes for our democracy.

Stiglitz: Economic Inequality 'Distorts Our Society'

Vanity Fair | JOSEPH E. STIGLITZ | Posted 06.04.2011 | Business

Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democrac...

Tomahawks and Teachers

Alan Singer | Posted 08.08.2012 | Education
Alan Singer

Before Presidents try to sell us a new war, they should at least tell us the cost, especially when firing one lowly Tomahawk missile means laying-off forty teachers.

Stiglitz: Why I Don't Support The Bowles-Simpson Deficit Plan

Politico | JOSEPH E. STIGLITZ | Posted 05.28.2011 | Business

I was asked to sign the letter from a bipartisan group of former chairmen and chairwomen of the Council of Economic Advisers that stresses the importa...

A Balanced Debate About Reforming Macroeconomics

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

There is large consensus among economists for the long run: central banks will focus on more than just inflation, especially financial stability; but there will be a real challenge in developing an integrated approach.

The Future of Macroeconomic Policy: Nine Tentative Conclusions

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

We've entered a brave new world in the wake of the crisis; a very different world in terms of policy making and we just have to accept it.

Rewriting the Macroeconomists' Playbook in the Wake of the Crisis

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

Before the global economic crisis, mainstream macroeconomists had largely converged on a framework for the conduct of macroeconomic policy. It is now time to converge again.