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Joseph E. Stiglitz
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.
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.
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.
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
By Joseph E. Stiglitz - Jun 20,2022
NEW YORK  —  The United States appears to have entered a new cold war with both China and Russia.
By Joseph E. Stiglitz - Jun 01,2022
DAVOS  —  The World Economic Forum’s first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995.
By Joseph E. Stiglitz - Apr 06,2022
NEW YORK  —  The fallout from Russia’s invasion of Ukraine has reminded us of the unforeseeable disruptions constantly confronting the global economy. We have been taught this lesson many times.
By Joseph E. Stiglitz - Feb 09,2022
NEW YORK — Although some supply shortages were anticipated as the global economy reopened after the COVID-19 lockdowns, they have proved more pervasive and less transitory than had been hoped.
By Joseph E. Stiglitz - Jan 12,2022
NEW YORK — Although COVID-19 has been hard on everyone, it has not been an “equal opportunity” disease. The virus poses a greater threat to those who are already in poor health, many of whom are concentrated in poor countries with weak public-health systems.
By Joseph E. Stiglitz - Nov 13,2021
NEW YORK — US President Joe Biden faces a critical decision: Whom to appoint as chair of the Federal Reserve (Fed), arguably the most powerful position in the global economy.The wrong choice can have grave consequences.

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