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

Views
Thursday, March 05, 2009
A Bank Bailout That Works
The news that even Alan Greenspan and Senator Chris Dodd suggest that bank nationalization may be necessary shows how desperate the situation has become. It has been obvious for some time that a government takeover of our banking system--perhaps along the lines of what Norway and Sweden did in the '90s--is the only solution. It should be done, and done quickly, before even more bailout money is wasted.
Read more
Views
Friday, February 06, 2009
Fear and Loathing in Davos
For 15 years, I have attended the World Economic Forum in Davos . Typically, the leaders gathered there share their optimism about how globalisation, technology and markets are transforming the world for the better. Even during the recession of 2001, those assembled in Davos believed that the downturn would be short-lived.
Read more
Views
Monday, December 15, 2008
The Seven Deadly Deficits
When president George W. Bush assumed office, most of those disgruntled about the stolen election contented themselves with this thought: Given our system of checks and balances, given the gridlock in Washington, how much damage could be done? Now we know: far more than the worst pessimists could have imagined. From the war in Iraq to the collapse of the credit markets, the financial losses are difficult to fathom. And behind those losses lie even greater missed opportunities.
Read more
Views
Wednesday, December 10, 2008
Capitalist Fools
There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history-a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So it's crucial to get the history straight.
Read more
Views
Sunday, April 06, 2008
Iraq War: $3 Trillion May Be Too Low
President Bush has tried to give the impression that the $3 trillion dollar estimate of the total cost of the war that we provide in our new book may be exaggerated.
Read more
Views
Wednesday, March 12, 2008
The $3 Trillion War in Iraq
With March 20 marking the fifth anniversary of the United States-led invasion of Iraq, it's time to take stock of what has happened.
Read more

Pages