Word: stiglitzã
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Columbia Economics Professor Joseph E. Stiglitz??who has more liberal leanings—said in an interview Monday that Bernanke’s economic philosophy was fundamentally flawed...
Stiglitz came to Cambridge after stopping in New York and speaking at the Smithsonian Institute and the World Bank in Washington, D.C., according to Rachel Salzman, a publicist for W.W. Norton, Stiglitz??s publisher...
Audience member Ataveyra Medina said she appreciated the sincerity of Stiglitz??s message...
...World Bank often respond that full debt relief will hurt developing countries more than it will help them. It will spook lenders, dry up credit, and leave poor countries in worse straits than ever. The rebuttal—offered by economists such as Nobel Prize winner Joseph Stiglitz??is that creditors will actually be more inclined to lend to countries that, thanks to debt relief, are able to invest in health and education and situate themselves squarely on the path to future growth. An economically sound nation will be more likely to pay back its debt than...
...themes Ferguson develops are similar to those developed this month by University President Lawrence H. Summers in his three-part Godkin lectures on globalization. Responding to Joseph Stiglitz??s Globalization and Its Discontents, Summers argued that in the attempt to provide a more “balanced” approach, history books have distorted the history of industrialization and globalization. While the Industrial Revolution brought prosperity and the free exchange of goods, it did so through racist policies, violence and exploiting weaker peoples. Thus, many new textbooks take a neutral view of the Industrial Revolution—sort...