Stiglitz Sees "Malaise" Ahead

Joseph Stiglitz, a two-time Nobel Prize winner and Columbia University economist, sees more rough sledding for the economy, and says the government should provide more stimulus funding to help with state government shortfalls and consumption slowdowns. Stiglitz tells Yahoo! TechTicker that, while the sense of economic free-fall has ended, the likelihood of real gains in employment anytime soon are “very remote”. There is serious risk of an “extended malaise” as the economy recovers, he says.

Joseph Stiglitz

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