He gets some things right, but always manages to get a lot wrong:
That amounts to swapping taxpayers’ “cash for trash,” Stiglitz said in a panel discussion at the World Economic Forum in Davos, Switzerland today. “You shouldn’t chase good money after bad. We’re talking about a national debt that’s very hard to manage.”
Stiglitz Criticizes Bad Bank Plan as Swapping ‘Cash for Trash’
by Simon Kennedy
Feb 1 (Bloomberg)
[top]