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OPINION

More shock therapy for neoliberalism

Oped, Joseph Stiglitz, Published on 09/04/2022

» The fallout from Russia's invasion of Ukraine has reminded us of the unforeseeable disruptions constantly confronting the global economy. We have been taught this lesson many times. No one could have predicted the Sept 11, 2001, terrorist attacks, and few anticipated the 2008 financial crisis, the Covid-19 pandemic, or Donald Trump's election, which resulted in the United States turning toward protectionism and nationalism.

BUSINESS

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.

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.