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Vor 2 Tagen · Nobel-winning economist and former Bill Clinton aide Joseph Stiglitz demurs. He proposes, instead, what he calls progressive capitalism. We need more government, not less. Stiglitz even writes a ...
Vor 2 Tagen · Time is up for neoliberals. Democracy requires a new, progressive capitalism. By Joseph Stiglitz. May 13, 2024 at 5:45 a.m. EDT. (Chris Gash for The Washington Post) 7 min. 0. Joseph Stiglitz is a ...
Vor einem Tag · By Michael Roberts The liberal leftist economist and Nobel (Riksbank) prize winner Joseph Stiglitz has another book out to proclaim the benefits of what he calls ‘progressive capitalism’. The Road to Freedom is a play on the title of Friedrich Hayek’s infamous book, The Road to Serfdom, published in 1944, which claimed that government intervention into the ‘freedom of markets’ would ...
Vor 3 Tagen · The Road to Freedom by Joseph E Stiglitz review – a vision of progressive capitalism seems too little, too late. The only goal for managers of companies is to maximise shareholder value. Photograph: PM Images/Getty Images. In 2009, the American government loaned almost half a billion dollars to Elon Musk’s Tesla corporation to hasten the ...
Vor 5 Tagen · But it’s the inequality, especially in western countries, that Stiglitz takes issue with. “The benefits of growth that occurred went to the top; the middle and the bottom stagnated and some of them even went down. Trickle-down economics didn’t work: the idea was that if you lift up the top, everybody would benefit. That clearly didn’t ...
Vor 2 Tagen · Stiglitz, chair of Bill Clinton's council of economic advisers, then chief economist at the World Bank during the 1990s, found fame with his 2002 bestselling attack on the IMF, Globalisation and Its Discontents. Disdained by The Economist, for many left-wingers he nonetheless became the economist.
Vor 3 Tagen · Joseph Eugene Stiglitz ( / ˈstɪɡlɪts /; born February 9, 1943) is an American New Keynesian economist, [2] a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) [3] and the John Bates Clark Medal (1979). [4] He is a former senior vice president and ...