Drawing on the United Nations’ report World Economic Situation and Prospects 2016, former World Bank chief economist and senior vice-president Joseph E. Stiglitz, now a professor at Columbia University, writes…
Tag: Joseph Stiglitz
Stiglitz: Rising Stocks A Symptom Of Weak Economy
Nobel Prize-winning Economist Joseph Stiglitz says the stock market’s continued rise is a sign of economic weakness, not a precursor to strong economic growth. (more…)
Nobel Laureate: Debt/GDP Threshold Is "Nonsense"
Nobel Prize-winning Economist Joseph Stiglitz says the U.S. economy is currently operating in “trickle-up” fashion, with increases in wealth going to the wealthiest Americans and middle- and lower-income people struggling,…
Stiglitz Confident in Strong China Growth
China’s economy has become more and more important to the global economy in recent years, and Nobel Prize-winning economist Joseph Stiglitz recently offered his thoughts on how China’s economy is…
Stiglitz: This Is No Time for Austerity
Paul Krugman isn’t the only Nobel Prize-winning economist saying austerity measures are threatening to derail the economic recovery — not help it. Columbia University’s Joseph Stiglitz tells CNBC that there…
Stiglitz: More Stimulus Likely Needed to Avert Double-Dip
Nobel laureate and Columbia economist Joseph Stiglitz continues to believe that the U.S. needs another stimulus package, or else it will risk having high unemployment “through the middle of the…
Stiglitz: Stumbling Blocks Ahead
Columbia University economist and Nobel laureate Joseph Stiglitz tells Bloomberg News that he sees rough terrain ahead for the economy, and, potentially, the markets. Stiglitz says the next quarter or…
Stiglitz: Asian Recovery Is "Remarkable"
Two-time Nobel Prize-winning economist Joseph Stiglitz, who recently said he sees a period of “malaise” coming for the U.S. economy, is much more upbeat on Asia’s economies. “Asia’s recovery has…
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…