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Joseph E. Stiglitz
A victory lap for the transitory inflation team
By Joseph E. Stiglitz - Nov 13,2023
PISA — As the world was recovering from the pandemic, inflation shot up, owing to widespread disruptions to global supply chains and sudden changes in patterns of demand.
Western industrial policy and international law
By Joseph E. Stiglitz - Jun 03,2023
NEW YORK — With the enactment last year of the Inflation Reduction Act (IRA), the United States fully joined the rest of the world’s advanced economies in combating climate change.
No confidence in the Fed
By Joseph E. Stiglitz - Apr 28,2023
NEW YORK — The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world.
Another predictable bank failure
By Joseph E. Stiglitz - Mar 16,2023
NEW YORK — The run on Silicon Valley Bank (SVB), on which nearly half of all venture-backed tech start-ups in the United States depend, is in part a rerun of a familiar story, but it’s more than that.
Who stands for freedom?
By Joseph E. Stiglitz - Feb 26,2023
NEW YORK — The Republican Party has long wrapped itself in the American flag, claiming to be the defender of “freedom”. The GOP believes individuals should be free to carry firearms, spew hate speech, and eschew vaccines and face masks.
How not to fight inflation
By Joseph E. Stiglitz - Jan 30,2023
NEW YORK — Despite favourable indices, it is too soon to tell whether inflation has been tamed.
All pain and no gain from higher interest rates
By Joseph E. Stiglitz - Dec 12,2022
NEW YORK — Central banks’ unwavering determination to increase interest rates is truly remarkable. In the name of taming inflation, they have deliberately set themselves on a path to cause a recession, or to worsen it if it comes anyway.
The silent progressive majority
By Joseph E. Stiglitz - Dec 10,2022
NEW YORK — The world heaved a sigh of relief this month when the feared “red wave” of Republican victories in the US midterms failed to materialise. While the Republicans took the House of Representatives by a narrow margin, the Democrats held on to the Senate.
Wars are not won with peacetime economies
By Joseph E. Stiglitz - Oct 18,2022
NEW YORK  —  Politically, the G-7 and likeminded countries around the world have adopted a war footing to stop Russian aggression.
Why the inflation reduction act is a big deal
By Joseph E. Stiglitz - Aug 25,2022
NEW YORK — US Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society.There is a simmering debate about the causes of today’s inflation; but regardless of

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