Word: stiglitz
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Dates: during 1990-1999
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...verdict quite rightly has been uniformly positive. Here is a plan that is unmatched not only in its generosity but also in its effectiveness," said Joseph Stiglitz, senior vice president and chief economist of the World Bank...
...However, Stiglitz and other panelists said giving foreign aid today can often be a more complicated issue, citing the recent foreign aid failure between the U.S. and Zaire following the ousting of Mobutu...
...This is a huge, huge revolution, like the advent of railroads and air travel," says Allen Sinai, the president and chief global economist for Primark Decision Economics in Boston. "Future economic historians will write about this as a major event in our history." Concurs Joseph Stiglitz, chairman of the President's Council of Economic Advisers: "In the 19th century, the frontier of America was moving from agriculture to manufacturing. Today the frontier is going from manufacturing to services and technology, much of which can be exported." While this revolution has been under way since the 1960s, technology keeps accelerating...
Such studies have given some economists reason to switch sides in the wage debate. "The negative effects are not significant at the level at which the minimum wage is being raised," contends Joseph Stiglitz, chairman of the President's Council of Economic Advisers, who argued against the minimum wage in a textbook he wrote in 1993. Last October about 100 other economists who share his view, including three Nobel laureates, announced their support for President Clinton's plan to raise the wage 90'--from $4.25 to $5.15--over 15 months...
...Senator Daniel Patrick Moynihan, the news was electrifying. The New York Democrat raced to the telephone and called Joseph Stiglitz, head of President Clinton's Council of Economic Advisers. "Get the President to call Bob Dole--fast!" he urged. Moynihan, who was shopping around a dramatic proposal, had just witnessed a rare moment in Washington--the possibility of bipartisan, let's-jump-off-together risk taking. Senate majority leader Dole had mumbled something positive about the idea; if the White House, too, gave it a nod, the seemingly intractable deadlock over how best to balance the federal budget could...