Joseph Stiglitz

Joseph Stiglitz

Joseph E. Stiglitz is University Professor at Columbia University. His most recent book is The Price of Inequality: How Today's Divided Society Endangers Our Future. Among his many other books, he is the author of Globalization and Its Discontents, Free Fall: America, Free Markets, and the Sinking of the World Economy, and (with co-author Linda Bilmes) The Three Trillion Dollar War: The True Costs of the Iraq Conflict. He received the Nobel Prize in Economics in 2001 for research on the economics of information.

Articles by this author

Multinationals can all too easily relocate their headquarters and production to whatever jurisdiction levies the lowest taxes.  (Photo: Joe Brusky/flickr/cc) Views
Tuesday, October 08, 2019
No More Half-Measures on Corporate Taxes
Globalization has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in which Europe, China, and developing countries have snookered America’s trade negotiators into bad...
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The real problem with our existing currencies and financial arrangements, which serve as a means of payment as well as a store of value, is the lack of competition among and regulation of the companies that control transactions.(Photo: Chesnot/Getty Images) Views
Tuesday, July 02, 2019
Thumbs Down to Facebook’s Cryptocurrency
Facebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their disposal. The fact that Facebook thinks so reveals much about what is wrong with twenty-first-century American...
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There is no magic bullet that can reverse the damage done by decades of neoliberalism. (Photo: Getty Images) Views
Thursday, May 30, 2019
After Neoliberalism
What kind of economic system is most conducive to human wellbeing? That question has come to define the current era, because, after 40 years of neoliberalism in the United States and other advanced economies, we know what doesn’t work. The neoliberal experiment—lower taxes on the rich, deregulation...
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Trump’s immigration policies are appalling in almost every aspect. (Photo: Win McNamee/Getty Images) Views
Wednesday, April 10, 2019
Trump’s Most Worrisome Legacy
Kirstjen Nielsen’s forced resignation as US Secretary of Homeland Security is no reason to celebrate. Yes, she presided over the forced separation of families at the US border, notoriously housing young children in wire cages. But Nielsen’s departure is not likely to bring any improvement, as...
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The Green New Deal sends a positive message of what government can do, for this generation of citizens and the next. (Photo: Emelia Gold) Views
Thursday, January 10, 2019
From Yellow Vests to the Green New Deal
It’s old news that large segments of society have become deeply unhappy with what they see as “the establishment,” especially the political class. The “ Yellow Vest ” protests in France, triggered by President Emmanuel Macron’s move to hike fuel taxes in the name of combating climate change, are...
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Costa Rica Views
Saturday, May 12, 2018
How Costa Rica Gets It Right
SAN JOSÉ – With authoritarianism and proto-fascism on the rise in so many corners of the world, it is heartening to see a country where citizens are still deeply committed to democratic principles. And now its people are in the midst of trying to redefine their politics for the twenty-first century...
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Wednesday, October 04, 2017
Déjà Voodoo: Plutocratic Economics from Reagan to Trump
Having failed to “repeal and replace” the 2010 Affordable Care Act (“Obamacare”), US President Donald Trump’s administration and the Republican congressional majority have now moved on to tax reform. Eight months after assuming office, the administration has been able to offer only an outline of...
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Thursday, July 27, 2017
Why Tax Cuts for the Rich Solve Nothing
Although America’s right-wing plutocrats may disagree about how to rank the country’s major problems – for example, inequality, slow growth, low productivity, opioid addiction, poor schools, and deteriorating infrastructure – the solution is always the same: lower taxes and deregulation, to “...
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Tuesday, December 20, 2016
Bad News for America’s Workers
As US President-elect Donald Trump fills his cabinet, what have we learned about the likely direction and impact of his administration’s economic policy? To be sure, enormous uncertainties remain. As in many other areas, Trump’s promises and statements on economic policy have been inconsistent...
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Sunday, January 03, 2016
The Great Malaise Continues
NEW YORK – The year 2015 was a hard one all around. Brazil fell into recession. China’s economy experienced its first serious bumps after almost four decades of breakneck growth. The eurozone managed to avoid a meltdown over Greece, but its near-stagnation has continued, contributing to what surely...
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