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Joseph Stiglitz

Joseph Stiglitz And Linda Bilmes: The True Cost Of The Iraq War

Washington Post | Posted 05.25.2011 | World

Writing in these pages in early 2008, we put the total cost to the United States of the Iraq war at $3 trillion. This price tag dwarfed previous estim...

Neo-Progressives

Lawrence Lessig | Posted 05.25.2011 | Politics
Lawrence Lessig

It seems that just about every hundred years or so, the body politic we call America swells with fever as it fights off a democracy-destroying disease. That disease is "Special Interest Government".

Joseph Stiglitz: Europe At Risk Of Double-Dip Recession

Bloomberg | Simone Meier and Dara Doyle | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph Stiglitz said the European economy is at risk of sliding back into a recession as governments cut spending to red...

A Misguided Deficit Commission

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

The Obama Administration's Deficit Commission is at best errant in its mission and at worst a bait-and-switch ploy being run on the American people.

Joseph Stiglitz: Why We Can't Trust Regulators To Rein In Wall Street

Project Syndicate | Joseph Stiglitz | Posted 05.25.2011 | Business

This is important not just as a matter of history and accountability: much is being left up to regulators. And that leaves open the question: can we t...

Stiglitz: It's 'Absolutely Clear' U.S. Needs A Second Round Of Stimulus

Bloomberg | Michael Heath and Rishaad Salamat | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph E. Stiglitz said the U.S. economy faces an "anemic recovery" and the government will need to enact another round ...

Joseph Stiglitz: Banks 'Gutted' Almost Every Provision In The Financial Bill

ABC | Posted 05.25.2011 | Business

Joseph Stiglitz is a Nobel laureate, a former chief economist of the World Bank and he chaired Bill Clinton's presidential council of economic advisor...

Our Response to Harold Evans's Stimulus Letter

James K. Galbraith | Posted 05.25.2011 | Politics
James K. Galbraith

We call on fellow economists to reconsider their casual willingness to concede to an unfounded hysteria over supposed long-term deficits, and to concentrate instead on solving the vast problems we presently face.

BRIC and Beyond: Economies That Will Shape the 21st Century

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

Goldman Sachs has proposed 15 candidates for countries whose economies may be major players in the world economy by 2050. Here's where the issue of having quality metrics appears.

Tax, Baby, Tax

Bob Burnett | Posted 05.25.2011 | Politics
Bob Burnett

The tax burden isn't too high on the rich; it's too low. Tax fairness requires the US to increase taxes on the richest 10 percent of Americans and cut taxes for working families.

Stiglitz On Senate Financial Reform Bill: 'Too Little' Protection

Politico | Joseph E. Stiglitz | Posted 05.25.2011 | Business

Our regulatory system failed partly because we had regulators who didn't believe in regulation. Unless we "hard-wire" stronger regulations into our sy...

IMF Protesters Try to Disrupt Cambridge University Address by Strauss-Kahn

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

IMF Executive Director Dominique Strauss-Kahn is "cool under fire", as Central European University President John Shattuck said when introducing him, and didn't break his stride during his presentation at Kings College, University of Cambridge.

Ireland's Banking and Economic Crisis: Toxic Loans Surpass Estimate of Irish Government

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Prior to Greece becoming the economic and financial basket case of Europe, it was Ireland that held that dubious distinction.

Financial Reform: "Too Small to Succeed"

Joseph A. Palermo | Posted 05.25.2011 | Business
Joseph A. Palermo

We need to understand that "regulatory capture" has become a way of life in Washington. The current reforms don't go nearly far enough.

Paul Volcker Blackballed By Obama Adminstration In 2008

The Big Money | Jonathan Alter | Posted 05.25.2011 | Business

At 81, Volcker wasn't under any illusions about his age. He noticed that people called everyone else by their first name or last name, but only he, an...

An Interview With Joseph Stiglitz -- Regulation and the Euro Zone

Lia Petridis Maiello | Posted 05.25.2011 | Business
Lia Petridis Maiello

Stiglitz explains the future of the Euro Zone, how it was possible to create a moral vacuum on Wall Street, why US citizens do not take their anger to the streets and how the US should follow Greece and start regulating now.

Joseph Stiglitz Calls State Budget Cuts 'Very Foolish' And A 'Negative Stimulus For The Economy'

The Huffington Post | Adam Taylor | Posted 05.25.2011 | Business

Nobel Prize winning economist Joseph Stiglitz, warned a New York City crowd last night that the rash of state budget cuts could have dire consequences...

America's Locust Years

Bob Burnett | Posted 05.25.2011 | Politics
Bob Burnett

America has suffered thirty years "that the locust hath eaten." Time is running out. We may not survive another crisis.

Shahien Nasiripour

Stiglitz, Nobel Prize-Winning Economist, Says Federal Reserve System 'Corrupt'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

One of the world's leading economists said Wednesday that the very structure of the Federal Reserve system is so fraught with conflicts that it's "cor...

Is Your Professor an Islamophobe?

Abdulrahman El-Sayed | Posted 05.25.2011 | Politics
Abdulrahman El-Sayed

Satoshi Kanazawa is just one in a growing number of academics using their intellectual identity to promote intolerance and xenophobia against Islam and Muslims.

Obama's Small-Business Offers a More Generous Tax Credit for Hiring

nytimes.com | ROBB MANDELBAUM | Posted 05.25.2011 | Business

This morning, as President Obama visits a small business in Baltimore to unveil a temporary tax credit to encourage the hiring of new employees, The A...

Stiglitz Tells Davos: Bankers Created "Negative Value" For Society

bloomberg.com | Jacqueline Simmons and Ian Katz | Posted 05.25.2011 | Business

Bankers created "negative value" with innovations such as mortgages that homeowners couldn't afford, said Nobel laureate Joseph E. Stiglitz, who is sp...

Bernanke Is A Political Time Bomb; Stiglitz Says He Would Take Fed Position

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

If incriminating documents about Bernanke's backroom dealings with AIG are revealed after Democrats confirm him for another term, the party will have a political fiasco on its hands.

Joseph Stiglitz Testimony: Banks Have Failed 'Their Societal Mission'

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

In his testimony about compensation in the financial industry this morning, Columbia University economist Joseph Stiglitz told the House Financial Ser...

Shahien Nasiripour

Who Will Replace Bernanke: If He Goes, Who's Next?

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Should the Senate decline to confirm Federal Reserve chairman Ben Bernanke for a second term, here's a list of possible candidates to replace him: Do...