Joseph Stiglitz Archive

Stiglitz Calls for New Global Reserve Currency to Prevent Trade Imbalances

>    >   (email exchange) >    >   Hi Warren, >    >   Do you have any thoughts on Stiglitz calling for a new reserve currency? >   Is this something you see as a problem or is Stiglitz getting it wrong? >    Yes, my advice for Joe is to stop talking about these things entirely. He’s in it all ...Read More

Stiglitz Warns US Economy May Contract Next Year

[Skip to the end] Unfortunately, he and all the other deficit doves still can’t refute, and thereby tacitly support, the notions that include ‘we have to borrow money from China to pay for it. So, while probably right on the prognosis, he remains part of the problem rather than part of the ...Read More

Stiglitz article

[Skip to the end] The Seven Deadly Deficits By Joseph E. Stiglitz When President George W. Bush assumed office, most of those disgruntled about the stolen election contented themselves with this thought: Given our system of checks and balances, given the gridlock in Washington, how much damage could be done? Now we ...Read More

Nobel economist Joseph Stiglitz warns of 1930 STYLE LIQUIDITY TRAP

US Slides into Dangerous 1930s ‘Liquidity Trap’ The Daily Telegraph’s Ambrose Evans-Pritchard details interesting insights from Joseph Stiglitz. No, common errors. The United States is sliding towards a dangerous 1930s-style “liquidity trap” Probably not – rare with floating exchange rates. that cannot easily be stopped by drastic cuts in interest rates, Nobel ...Read More