Word: stiglitz
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Joseph E. Stiglitz...
Bankers are born no greedier than the rest of us. That assertion alone makes Joseph Stiglitz's comprehensive postmortem stand out from the reams of books published so far about the financial crisis. Instead of attacking individuals, the Nobel Prize--winning economist faults the system that delivered us to the brink, citing the effects of everything from deregulation to the misaligned incentives of people selling financial products. But Stiglitz has his sights on a larger problem as well. For too long, he argues, economists and policymakers have relied on the erroneous assumptions that markets are fundamentally efficient and material wealth...
...Genuine Progress Indicator, which incorporates aspects of social welfare such as income equity, pollution, and access to health care. In the international community, perhaps the biggest nudge has come from French President Nicolas Sarkozy, who commissioned a report by marquee-name economists, including Nobel laureates Joseph Stiglitz and Amartya Sen, to find alternatives to what he calls "GDP fetishism". (See the best business deals...
...responsible to bringing the economy to the brink,” said Stiglitz, who called the AIG bailout “unconscionable...
Nonetheless, Stiglitz predicted that it is “likely that [Bernanke] will be confirmed...