Stories by Joseph Stiglitz

Joseph Stiglitz, a Nobel laureate, is a professor of economics at Columbia University.subscribe to Joseph Stiglitz's rss feed

The U.S. Response to 9/11 Cost Us Far More Than the Attacks Themselves

Posted on Sep 6, 2011, Source: Al Jazeera English

The September 11, 2001, attacks by al-Qaeda were meant to harm the United States, and they did, but in ways that Osama bin Laden probably never imagined.

How to Tame the Rapacious Finance Industry?

Posted on Jul 12, 2010, Source: Project Syndicate

Finance is a means to an end, not an end in itself. It is supposed to serve the interests of the rest of society, not the other way around.

The Great American Bank Robbery, Part II

Posted on Apr 2, 2010, Source: W. W. Norton & Company

How did the bankers make off with all of our money? Nobel Prize-winning economist Joseph Stiglitz explains.

The Great American Bank Robbery

Posted on Feb 27, 2010, Source: W. W. Norton & Company

How did the big banks nearly take down the entire economy and still continue to profit? Nobel Prize-winning economist Joseph Stiglitz explains.

9 Reasons Obama's Fiscal Plan Fails Both Markets and Taxpayers

Posted on Mar 26, 2009, Source: Project Syndicate

The real failings in the Obama recovery program lie not in the stimulus package, but in its efforts to revive financial markets.

The Only Way to Avoid Wasting Many Billions More: Take Over the Banks

Posted on Mar 7, 2009, Source: The Nation

American banks have polluted the economy; it's a matter of equity and efficiency that they now be forced to clean it up.

Is the Entire Bailout Strategy Flawed? Let's Rethink This Before It's Too Late

Posted on Feb 2, 2009, Source: CNN

We gave the banks hundreds of billions to start lending again, and instead they're just hoarding the cash, waiting until things settle down.

The Seven Deadly Deficits: What the Bush Years Really Cost Us

Posted on Dec 22, 2008, Source: Mother Jones

And how President Obama can get the economy back on track.

Chapter 11 Is the Right Road for US Carmakers

Posted on Dec 13, 2008, Source: The Financial Times

If we bailout the Big 3 directly, much of the money will just support shareholders and bondholders.

5 Disastrous Decisions That Got Us into This Economic Mess

Posted on Dec 11, 2008, Source: Vanity Fair

We are at a dangerous moment. Behind the debates over future economic policy is a debate over history -- here are the major mistakes that got us here.

Here's a Better Bailout Plan

Posted on Oct 1, 2008, Source: TheNation.com

There are four fundamental problems with our financial system. The Paulson plan addresses only one.

At All Costs, We Must Avoid a 'Surge' in Afghanistan

Posted on Sep 13, 2008, Source: The Guardian

America's Iraq adventure led it into a moral vacuum. Will the error be repeated in the renewed US Afghan campaign?

Why You Want a Progressive to Be Running the Economy

Posted on Aug 11, 2008, Source: The Guardian

Unlike the GOP, progressives have a coherent economic agenda offering not only higher growth, but also social justice.

Cost of Occupation in Iraq: $3 Trillion Estimate Was Too Low

Posted on Apr 8, 2008, Source: Comment Is Free

Notwithstanding Bush's response, our original estimate of the cost of the Iraq war was too conservative: in reality, it will be much higher.

The Three Trillion Dollar War

Posted on Feb 25, 2008, Source: The Times of London UK

The cost of the Iraq and Afghanistan conflicts have grown to staggering proportions.

Houses of Cards

Posted on Oct 9, 2007, Source: Comment Is Free

Booming home prices gave Americans the confidence to spend more than their income but now the game is over.
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