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Search Result for “gains”

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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.

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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.

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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

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

Rise of inequality in the 21st century

News, Joseph Stiglitz, Published on 09/09/2014

» The reception in the United States, and in other advanced economies, of Thomas Piketty's recent book Capital in the Twenty-First Century attests to growing concern about rising inequality. His book lends further weight to the already overwhelming body of evidence concerning the soaring share of income and wealth at the very top.