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2 mins read
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
2 mins read
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
2 mins read
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
3 mins read
Nobel Prize-winning economist Joseph Stiglitz says US stimulus programmes have 'failed' — and that policymakers should now focus on preventing a 'lost generation' of workers
Nobel Prize-winning economist Joseph Stiglitz said: "Even after pandemic is put under control, econ…
Saloni Sardana
2 mins read
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
5 mins read
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
3 mins read
'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
3 mins read
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
5 mins read
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
12 mins read
Nobel Prize-winning economist Joseph Stiglitz says US unemployment could reach 30% before the coronavirus outbreak wanes - and warns of systemic issues that could make any recovery slow and painful
Stiglitz: Well, I think you want to think about this as very different from earlier downturns like …
Sara Silverstein
7 mins read
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
2 mins read
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
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
1 min read
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
1 min read
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
3 mins read
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 …
2 mins read
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 …
1 min read
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
5 mins read
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
2 mins read
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…