Stories by Joseph Stiglitz

Joseph Stiglitz, a Nobel laureate, is a professor of economics at Columbia University.

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

The real failings in the Obama recovery program lie not in the stimulus package, but in its efforts to revive financial markets.
Posted on Mar 26, 2009, Source: Project Syndicate

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

American banks have polluted the economy; it's a matter of equity and efficiency that they now be forced to clean it up.
Posted on Mar 7, 2009, Source: The Nation

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

We gave the banks hundreds of billions to start lending again, and instead they're just hoarding the cash, waiting until things settle down.
Posted on Feb 2, 2009, Source: CNN

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

And how President Obama can get the economy back on track.
Posted on Dec 22, 2008, Source: Mother Jones

Chapter 11 Is the Right Road for US Carmakers

If we bailout the Big 3 directly, much of the money will just support shareholders and bondholders.
Posted on Dec 13, 2008, Source: The Financial Times

5 Disastrous Decisions That Got Us into This Economic Mess

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.
Posted on Dec 11, 2008, Source: Vanity Fair

Here's a Better Bailout Plan

There are four fundamental problems with our financial system. The Paulson plan addresses only one.
Posted on Oct 1, 2008, Source: TheNation.com

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

America's Iraq adventure led it into a moral vacuum. Will the error be repeated in the renewed US Afghan campaign?
Posted on Sep 13, 2008, Source: The Guardian

Why You Want a Progressive to Be Running the Economy

Unlike the GOP, progressives have a coherent economic agenda offering not only higher growth, but also social justice.
Posted on Aug 11, 2008, Source: The Guardian

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

Notwithstanding Bush's response, our original estimate of the cost of the Iraq war was too conservative: in reality, it will be much higher.
Posted on Apr 8, 2008, Source: Comment Is Free

The Three Trillion Dollar War

The cost of the Iraq and Afghanistan conflicts have grown to staggering proportions.
Posted on Feb 25, 2008, Source: The Times of London UK

Houses of Cards

Booming home prices gave Americans the confidence to spend more than their income but now the game is over.
Posted on Oct 9, 2007, Source: Comment Is Free