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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.
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.
"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's protector-of-sorts at the World Bank, Wolfensohn, had privately empathized with Stiglitz's views, but was worried for his second term, which Summers had threatened to veto. [ citation needed ] Stanley Fischer, deputy managing director of the IMF, called a special staff meeting and informed the gathering that Wolfensohn had agreed to ...
Edsall added that "Stiglitz may prove most prescient when he warns of a society governed by 'rules of the game that weaken the bargaining strength of workers vis-à-vis capital.' [1] A review in The Economist was mainly positive, noting that "Stiglitz is (mostly) skilled at making his argument." However, the reviewer wrote, "Mr Stiglitz's ...
The Stiglitz Report: Reforming the International Monetary and Financial Systems in the Wake of the Global Crisis is a book on economics written by Nobel Laureate economist Joseph Stiglitz, documenting the necessary changes and reforms of the international financial institutions in the wake of the financial crisis of 2007–2008, and the subsequent Great Recession arisen from it.
Joseph Stiglitz: No. You might say the worst if you thought of the worst as the immediate weeks following the collapse of Lehman Brothers where we didn't know where the bottom would be; we've ...