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Stiglitz notes how Trump framed the United States as the victim of globalization, when it fact, many of the specific agreements his campaign took issues with were instigated at the behest of the US, primarily to its benefit, or at least, the benefit of the American business community, who, in the case of NAFTA, offshored large swathes of the US ...
In a newly released interview, Nobel Prize-winning economist Joseph Stiglitz disagreed with Trump's contention that the economy has lifted up working-class Americans.
Joseph Eugene Stiglitz (/ ˈ s t ɪ ɡ l ɪ t s /; born February 9, 1943) is an American New Keynesian economist, [2] a public policy analyst, political activist, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) [3] and the John Bates Clark Medal (1979). [4]
"We have the knowledge with which we could stimulate the economy but we have leaders that have, I think, misguided views of the economy," said Joseph Stiglitz. Joseph Stiglitz: Trump throwing hand ...
Stiglitz said he felt compelled to initiate the letter based on a flurry of recent polling in which voters said they trusted Trump over Biden to manage the U.S. economy.
Shock therapy has been controversial, with its proponents arguing that it helped to end economic crises, stabilized economies, and paved the way for economic growth, while its critics including economist Joseph Stiglitz believed that it helped deepen them unnecessarily and created unnecessary social suffering.
As Joseph Stiglitz, the Columbia professor and Nobel laureate, touts his new book “The Road to Freedom: Economics and the Good Society,” he has a two-fold message: The American Dream is a myth ...
The title of the book points at the sharp decline in stock prices following the bankruptcy of the investment bank Lehman Brothers in September, 2008. Meanwhile, its subtitle reveals Stiglitz's conviction that free markets are at the bottom of the crisis, as he makes deregulation responsible for the rise of the shadow banking system, over-leveraged banks and subprime mortgages.