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Joseph Stiglitz

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.

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...

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...

7 Minutes With Joseph Stiglitz: Hopes Geithner and Summers Learn From Serious Errors

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

The ideas that Stiglitz have been advocating are what many who supported Obama thought they would be getting, but instead of Stiglitzianism, America got Rubinism.

Joseph Stiglitz Interview: 'We're More Strict With Our Poor Than With Our Banks'

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

During the economic turmoil of the last few years, Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz has been one of the...

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

Allison Kilkenny | Posted 05.25.2011 | Business
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.

Wall Street: Too Big To Regulate

Garrett Johnson | Posted 05.25.2011 | Business
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?

Joseph Stiglitz: US Economy May Contract Next Year

Posted 05.25.2011 | Business

(AP) -- Nobel Prize-winning economist Joseph Stiglitz warned there's a "significant" chance the U.S. economy will contract in the second half of next ...

What Does The Economy Have To Do With The Market?

The Big Picture | Barry Rithholtz | Posted 05.25.2011 | Business

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 ...

U.S. Growth Prospects Deemed Bleak In New Decade

Reuters | Pedro Nicolaci Da Costa | Posted 05.25.2011 | Business

A dismal job market, a crippled real estate sector and hobbled banks will keep a lid on U.S. economic growth over the coming decade, some of the nati...

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

newsweek.com | Michael Hirsh | Posted 05.25.2011 | Business

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 ...

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

Ellen Brown | Posted 05.25.2011 | Business
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.

Joseph Stiglitz: Markets Are "Irrationally Exuberant" About Recovery

bloomberg.com | Francine Lacqua and Jeremy Torobin | Posted 05.25.2011 | Business

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...

Joseph Stiglitz: 5 Lessons From The Crisis We May Need To Learn All Over Again

China Daily | Joseph Stiglitz | Posted 05.25.2011 | Business

The best that can be said for 2009 is that it could have been worse, that we pulled back from the precipice on which we seemed to be perched in late 2...

Will Obama Save America From Capitalism?

David A. Love | Posted 05.25.2011 | Politics
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.

Recession Over? You Gotta Be Kidding!

Dan Dorfman | Posted 05.25.2011 | Business
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.

Stiglitz, Amartya Sen: GDP A Poor Measure Of Growth

nytimes.com | PETER S. GOODMAN | Posted 05.25.2011 | Business

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...

Obama's America: What Is Economic Growth For?

Derek Shearer | Posted 05.25.2011 | Politics
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.

Stiglitz Predicts Recession Will End In 2012

DailyFinance | Sam Gustin | Posted 05.25.2011 | Business

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

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

Bloomberg | Mark Deen and David Tweed | Posted 05.25.2011 | Business

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

The Difference Between Criticism and Hate Speech

Larry Gellman | Posted 05.25.2011 | Politics
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.

Stiglitz: WeStiglitz: U.S. Economy Needs Another Stimulus Package

The Globe and Mail | Joseph Stiglitz | Posted 05.25.2011 | Business

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

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

Posted 05.25.2011 | Business

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

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

newsweek.com | Posted 05.25.2011 | Business

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, ...