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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.
Trump has so far proposed making his first-term tax cuts permanent, imposing universal tariffs on all imports, with a China-specific tariff rate between 60% and 100%, and pressuring the ...
"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 ...
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.
[155] [113] [156] If Trump's tax plan had been in place in 2005 (the one recent year in which his tax returns were leaked), he would have saved $31 million in taxes from the alternative minimum tax cut alone. [113] If the most recent estimate of the value of Trump's assets is correct, the repeal of the estate tax could save his family about $1. ...
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 ...