All Posts Tagged With: "Joseph Stiglitz"
Freefall: America, Free Markets, and the Sinking of the World Economy
In 2001 Joseph Stiglitz was co-recipient of the Nobel Prize in economics, a fact prominently noted on the dust jacket of Freefall, his book on the financial crisis. In 2002 Stiglitz and two coauthors produced a report, commissioned and published by the government-sponsored housing agency Fannie Mae, stating that the risk of a failure by [...]
4Jan2012 | Lawrence H. White | 2 comments | ContinuedThe Roaring Nineties: A New History of the World’s Most Prosperous Decade
In an earlier book, Globalization and Its Discontents, Joseph E. Stiglitz argued that globalization was the tool of moneyed interests and was promoted by free-market ideologues. He conjured up the International Monetary Fund (IMF) as a straw man for these interests on whose behalf it caused great suffering among the people of Indonesia, Thailand, and [...]
8Jul2010 | Christopher Lingle | 0 comments | ContinuedFair Trade for All: How Trade Can Promote Development
Joseph Stiglitz is a professor of economics at Columbia University. He served as a member and then chairman of President Bill Clinton’s Council of Economic Advisers from 1993 to 1997, and then was the chief economist and senior vice president at the World Bank from 1997 to 2000. In 2001 Stiglitz was awarded the Nobel [...]
18May2010 | Richard M. Ebeling | 1 comment | ContinuedCommon Versus Government Property
A central contribution of Elinor Ostrom, which earned her a share of the 2009 Nobel Prize in economics, was to reclaim the commons as a legitimate form of property. (For more detail, see Peter Boettke’s December 2009 Freeman article.) Organization theorist Dick Langlois always makes it a practice in his European economic history class to [...]
19Apr2010 | Kevin A. Carson | 52 comments | ContinuedThe Trade Deficit Is Debt? It Just Ain’t So!
Writing in the October 4 New York Times, Nobel laureate economist Joseph Stiglitz worries about “global imbalances.” Stiglitz’s concerns are revealed in his opening paragraph: “The International Monetary Fund meeting in Singapore last month came at a time of increasing worry about the sustainability of global financial imbalances: For how long can the global economy [...]
1Dec2006 | Donald J. Boudreaux | 1 comment | ContinuedResearch Needed!
If you’re an economics graduate student looking for a good dissertation topic, this is your lucky day. Here are two topics that I sincerely believe are worthwhile, challenging, and—if done well—could launch you into academic stardom. The first topic is best expressed as a question: how much of our material standard of living do we [...]
1Sep2005 | Donald J. Boudreaux | 0 comments | ContinuedThe Return of the Keynesians
The Keynesians are back. After laying low in recent years, they are promoting their interventionist plans once again. Take Joseph Stiglitz, for example. He apparently waited until he gained the credibility of sharing the Nobel Prize in Economics in 2001 to become an unabashed cheerleader for Keynesian economics. Such a universally recognized accolade allowed him [...]
1Mar2003 | Christopher Lingle | 2 comments | ContinuedImperfect Knowledge
Three economists have won the Nobel Prize in economics for studying the “asymmetric” (uneven) distribution of information in markets. The winners are Joseph Stiglitz of Columbia University, George A. Akerlof of the University of California at Berkeley, and A. Michael Spence of Stanford University. As the prize committee and various commentators see it, Stiglitz, Akerlof, [...]
1Dec2001 | Sheldon Richman | 0 comments | ContinuedWill the Savings Crisis Lead to Stagnation?
“There is a virtuous cycle in which high growth promotes high saving, and high saving in turn promotes high growth.” —Joseph Stigltz, Chief Economist, The World Bank “America’s Expansion Cannot Be Sustained.” —The Economist, November 6, 1999 In a return to the principles of classical economics, more and more economists agree that thrift is a [...]
1Mar2000 | Mark Skousen | 0 comments | Continued-
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