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Joseph Stiglitz

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.

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.