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  • OPINION

    How tiny Costa Rica gets it right

    News, Joseph Stiglitz, Published on 15/05/2018

    » With authoritarianism and proto-fascism on the rise in so many corners of the world, it is heartening to see a country where citizens are still deeply committed to democratic principles. And now its people are in the midst of trying to redefine their politics for the twenty-first century.

  • OPINION

    Davos fails to deliver an antidote for toxic problems

    News, Joseph Stiglitz, Published on 05/02/2018

    » I've been attending the World Economic Forum's annual conference in Davos, Switzerland -- where the so-called global elite convenes to discuss the world's problems -- since 1995. Never have I come away more dispirited than I have this year.

  • OPINION

    Why tax cuts for rich solve nothing

    News, Joseph Stiglitz, Published on 01/08/2017

    » Although America's right-wing plutocrats may disagree about how to rank the country's major problems -- for example, inequality, slow growth, low productivity, opioid addiction, poor schools, and deteriorating infrastructure -- the solution is always the same: lower taxes and deregulation, to "incentivise" investors and "free up" the economy. President Donald Trump is counting on this package to make America great again.

  • OPINION

    The pitfalls of Russia's post-communist transition

    News, Joseph Stiglitz, Published on 04/04/2017

    » Today, a quarter-century after the Cold War's end, the West and Russia are again at odds. This time, though, at least on one side, the dispute is more transparently about geopolitical power, not ideology. The West has supported in a variety of ways democratic movements in the post-Soviet region, hardly hiding its enthusiasm for the various "colour" revolutions that have replaced long-standing dictators with more responsive leaders -- though not all have turned out to be the committed democrats they pretended to be.

  • OPINION

    Globalisation failing the world's people

    News, Joseph Stiglitz, Published on 08/08/2016

    » Fifteen years ago, I wrote a little book, entitled Globalisation and its Discontents, describing growing opposition in the developing world to globalising reforms. It seemed a mystery: people in developing countries had been told that globalisation would increase overall well-being. So why had so many people become so hostile to it?

  • OPINION

    Looking to the future after Brexit fallout

    News, Joseph Stiglitz, Published on 09/07/2016

    » Digesting the full implications of the United Kingdom's "Brexit" referendum will take Britain, Europe and the world a long time. The most profound consequences will, of course, depend on the European Union's (EU) response to the UK's withdrawal.

  • OPINION

    New realities shape young minds

    News, Joseph Stiglitz, Published on 28/03/2016

    » Something interesting has emerged in voting patterns on both sides of the Atlantic: young people are voting in ways that are markedly different from their elders. A great divide appears to have opened up, based not so much on income, education or gender as on the voters' generation.

  • OPINION

    In the new geo-economy, TPP fails

    News, Joseph Stiglitz, Published on 11/01/2016

    » Last year was a memorable one for the global economy. Not only was overall performance disappointing, but profound changes -- both for better and for worse -- occurred in the global economic system.

  • OPINION

    Wealth gap ushers in premature deaths

    News, Joseph Stiglitz, Published on 12/12/2015

    » This week, Angus Deaton will receive the Nobel Memorial Prize in Economics “for his analysis of consumption, poverty and welfare”. Deservedly so. Indeed, soon after the award was announced in October, Mr Deaton published some startling work with Ann Case in the Proceedings of the National Academy of Sciences — research that is at least as newsworthy as the Nobel ceremony.

  • OPINION

    The great trans-Pacific free-trade charade

    Joseph Stiglitz, Published on 04/10/2015

    » As negotiators and ministers from the United States and 11 other Pacific Rim countries meet in Atlanta in an effort to finalise the details of the sweeping new Trans-Pacific Partnership, some sober analysis is warranted. The biggest regional trade and investment agreement in history is not what it seems.

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