iOS app Android app

Joseph Stiglitz

Stiglitz: Expect 2 Million U.S. Foreclosures This Year

Bloomberg | Kamlesh Bhuckory | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph Stiglitz said another 2 million foreclosures are expected in the U.S. this year, adding to the 7 million that hav...

Global China Connection: From Columbia to Stanford and McGill

Jim Luce | Posted 05.25.2011 | World
Jim Luce

Hundreds of Chinese studies majors at top universities in North America have recently formed a network dedicated to forging new economic, cultural, and political links between East and West.

Stiglitz To Obama: The Fed's Latest Move Will Hurt Other Nations

WSJ | Alex Frangos | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph Stiglitz, dismissing the Federal Reserve's quantitative easing as a "beggar-thy-neighbor" strategy of currency de...

Joseph E. Stiglitz: What Lies Ahead In 2011?

Project Syndicate | Joseph Stiglitz | Posted 05.25.2011 | Business

NEW YORK - The global economy ends 2010 more divided than it was at the beginning of the year. On one side, emerging-market countries like India, Chin...

Joseph Stiglitz on Gordon Brown

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

We may never know for certain whether former Prime Minister Gordon Brown was the great and magnanimous hero of Stiglitz's telling or a figure brought low by forces he failed to foresee.

Joseph Stiglitz: Alternatives To Austerity

Project Syndicate | Joseph Stiglitz | Posted 05.25.2011 | Business

NEW YORK - In the aftermath of the Great Recession, countries have been left with unprecedented peacetime deficits and increasing anxieties about thei...

Real Foreclosure Relief Can't Wait

Preeti Vissa | Posted 05.25.2011 | Business
Preeti Vissa

Without principal reduction, we'll see millions more foreclosures. And, contrary to the bizarre arguments put forth by Treasury Secretary Tim Geithner and others, that won't stabilize communities, it will destroy them.

Millennials Tackle 21st Century Challenges With a Blueprint for America's Future

Hilary A. Doe | Posted 05.25.2011 | College
Hilary A. Doe

The largest-ever generation of Americans -- the Millennial Generation, born between 1980 and 2000 -- has designed the future that they want to inherit.

Stiglitz on Crime and Punishment

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

It's worth pondering what Stiglitz said in his interview with Daily Finance. The heart of it really had very little to do with economics, and a lot to do with the law and politics, as Stiglitz himself admits.

Time for Team B -- And a Movement

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

Obama should invite in about six or eight smart people who have a very different view of how he should be leading, and he should give them an extended opportunity to make their case, without his usual advisers in the room.

Lawrence Summers Needs to Retool his Wall Street Tilt

Steve Clemons | Posted 05.25.2011 | Business
Steve Clemons

Summers, no matter what some critics say, is a formidable intellectual heavyweight on economics policy -- and will continue to be, long after he leaves the White House. However, he needs to retool.

What Lessons of Election Day?

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

One of the myths of this stunted political moment is that Barack Obama "tried to do too much," and that purist, ungrateful liberals are mad at him over things like the absence of a public option in his heath bill. This is dangerous nonsense, and it matters because these widespread views among the pundit class will influence what lessons the media and Obama himself draw from what is likely to be an epic partisan defeat on Tuesday.

WATCH Joseph Stiglitz On Bailouts: 'Families Are As Important As Corporations'

DailyFinance | SAM GUSTIN | Posted 05.25.2011 | Business

During a wide-ranging interview with DailyFinance at AOL headquarters in New York City this week, Stiglitz, who served as chief economist of the World...

Joseph Stiglitz: Economy Is In Shambles -- But So Is Our 'Economic Paradigm'

ft.com | 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.