Word: stiglitz
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Summers did not mention Joseph Stiglitz, a Nobel-prize winning economist whose 2002 book Globalization and Its Discontents attacks the market-based international economic policy Summers and former Treasury Secretary Robert E. Rubin ’60 advocated under the Clinton administration...
Summers said that while he respected Stiglitz as a theoretical economist, he found that Stiglitz’s book was “shot through with factual inaccuracies,” and that some of his challenges made him “very angry...
...press conference of the Public Eye on Davos, an umbrella NGO group, those on the platform were asked who the intellectual leaders and heroes of the anti-globalization movement might be. Apart from praise for the writings of Nobel laureate and former chief economist of the World Bank Joe Stiglitz, there was an embarrassing silence. But the critics of the globalization won?t get far until they can make a case for their own way of looking at the world...
...Joseph Stiglitz is professor of economics at Columbia University, former chief economist at the World Bank, and former economic adviser to President Bill Clinton. He was awarded the Nobel Prize for economic science...
Each winner began his research as a graduate student in Cambridge, with Spence at Harvard and Akerlof and Stiglitz...