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The Fed raising interest rates won't fix inflation and the US needs a different kind of intervention, says Nobel-winning economist Joseph Stiglitz

"Killing the economy through raising interest rates is not going solve inflation any timeframe," St…

Carla Mozée   


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61 economists including a Nobel winner call on Congress to pass Biden's social spending framework

Biden's plan would create millions of jobs and lower costs on childcare and preschool, economists i…

Juliana Kaplan,Ben Winck   


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Nobel Prize-winning economist Joseph Stiglitz explains why today's bull market isn't sustainable - and why he welcomes the US labor shortage

"It distorts risk-taking. It creates bubbles," Stiglitz said about major US indices hitting record …

Shalini Nagarajan   


Saloni Sardana   


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Nobel laureate Joseph Stiglitz sees prolonged double-digit US unemployment without further government aid

"We have a very weak labor market," Stiglitz told Bloomberg television in a Monday interview. He ad…

Carmen Reinicke   


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Nobel laureate economist Joseph Stiglitz: It's time for Congress to do something about the economic mess that private-equity giants have created

For example, the industry's preferred metric, the internal rate of return, is notoriously prone to …

Joseph Stiglitz   


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'It won't be a robust recovery': Nobel laureate Joseph Stiglitz warns the $2 trillion bailout package will fail to drive an immediate economic rebound

To combat the spread of COVID-19 cases, a number of states across the US have implemented drastic m…

Carmen Reinicke   


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Nobel Prize-winning economist Joseph Stiglitz says the US has a major monopoly problem

Nobel-prize winning economist Joseph Stiglitz speaks about the release of a new report he authored …

Richard Feloni   


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Nobel Prize-winning economist Joseph Stiglitz says it's time for the US to update its antitrust laws

That is, the federal government is arguing that antitrust law has never been applicable to a massiv…

Richard Feloni,Andy Kiersz   


Sara Silverstein   


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The economist Joseph Stiglitz explains why he thinks the late Milton Friedman's ideas have contributed to rising inequality in the US

Friedman made his assertion as a natural extension of a defining passage in Adam Smith's definitive…

Richard Feloni   


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Nobel Laureate Joseph Stiglitz: Greece's creditors have 'criminal responsibility' for chaos

And, according to Nobel prize winning economist and professor Joseph Stiglitz, it's all down to Gre…

Lianna Brinded   


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9 mins read

Nobel Laureate Joseph Stiglitz: 'There is no magic bullet' to fix income inequality

JS: Yes I do. I do in several respects. Right now, we are in a critical transition related to the p…

Jonathan Fisher   


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Joseph Stiglitz Warns India That Big Companies Like Wal-Mart Are Bad News

Stiglitz said India needs to be smart about the FDI it attracts and should do it in a way that it g…

Mamta Badkar   


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STIGLITZ: There are so many ways that Trump is wrong about the economy

Nobel Prize-winning economist and "The Euro" author Joseph Stiglitz explains how Donald T…

Noah Friedman,Sara Silverstein   


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STIGLITZ: 'The American economy is a failed economy'

"On the margin, we view the move by Banxico and the finance ministry as positive. ... The measures …

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STIGLITZ: 'The Issue Is Not Greece. It Is Europe.'

Brown also notes that the stronger consumer spending outlook does not necessarily bring a Fed rate …

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STIGLITZ: It makes me crazy that everyone gets this wrong about the economy

Nobel Prize winning economist and "The Euro" author Joseph Stiglitz explains what he calls deficit …

Noah Friedman,Sara Silverstein   


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Nobel Prize-winning economist Stiglitz tells us why 'neoliberalism is dead'

But since Cameron resigned following the UK's vote to leave the European Union, fiscal stimulus in …

Will Martin   


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Nobel economist Stiglitz sees no legal functions for bitcoin - "We have a good medium of exchange called the dollar"

"My feeling is that when you regulate it so that you couldn't engage in money laundering and all th…

Pedro Nicolaci da Costa