Showing 1 - 8 of 8
Beyond secular stagnation
Business, Joseph Stiglitz, Published on 08/09/2018
» The term "secular stagnation" became popular in the United States as World War II was drawing to a close. Economist Alvin Hansen (and many others) worried that, without the stimulation provided by the war, the economy would return to recession or depression. There was, it seemed, a fundamental malady.
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.
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.
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.
What America's Economy Needs from Trump
Business, Joseph Stiglitz, Published on 21/11/2016
» Donald Trump's astonishing victory in the United States presidential election has made one thing abundantly clear: too many Americans feel left behind. It is not just a feeling; many Americans really have been left behind. It can be seen in the data no less clearly than in their anger. And an economic system that doesn't "deliver" for large parts of the population is a failed economic system. So what should President-elect Trump do about it?
A better economic plan for Japan
Business, Joseph Stiglitz, Published on 26/09/2016
» It's been a quarter-century since Japan's asset bubble burst -- and a quarter-century of malaise as one "lost decade" has followed another. Some of the criticism of its economic policies is unwarranted. Growth is not an objective in itself; we should be concerned with standards of living.
Brexit lesson for Europe: address the concerns of citizens
Business, Joseph Stiglitz, Published on 11/07/2016
» Digesting the full implications of the UK's "Brexit" referendum will take Britain, Europe, and the world a long time. The most profound consequences will, of course, depend on the EU's response to the UK's withdrawal. Most people initially assumed that the EU would not "cut off its nose to spite its face": after all, an amicable divorce seems to be in everyone's interest. But the divorce -- as many do -- could become messy.
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.