Showing results by author "Joseph Stiglitz" in All Categories

The top 1 percent of Americans control 40 percent of the nation's wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that "their fate is bound up with how the other 99 percent live." Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable. He examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.

We all have the sense that the American economy - and its government - tilts toward big business, but as Joseph E. Stiglitz explains in his powerful new book, People, Power, and Profits, a few corporations dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and the government has negotiated trade deals that fail to represent the interests of workers.

It has long been recognized that most standard of living increases are associated with advances in technology, not the accumulation of capital. Yet it has also become clear that what truly separates developed from less developed countries is not just a gap in resources or output but a gap in knowledge. In fact the pace at which developing countries grow is largely determined by the pace at which they close that gap. Therefore, how countries learn and become more productive is key to understanding how they grow and develop, especially over the long term.

Despite its manifest failures, the narrative of neoliberalism retains its grip on the public mind and the policies of governments all over the world. By this narrative, less regulation and more ‘animal spirits’ capitalism produces not only greater prosperity, but more freedom for individuals in society - and is therefore morally better. But, in The Road to Freedom Stiglitz asks, whose freedom are we – should we be – thinking about? What happens when one person’s freedom comes at the expense of another’s?

From Nobel Prize-winning economist and best-selling author Joseph Stiglitz, author of Globalization and Its Discontents, this is the essential audio guide to the future of Europe. Solidarity and prosperity fostered by economic integration: this principle has underpinned the European project from the start, and the establishment of a common currency was supposed to be its most audacious and tangible achievement. Since 2008, however, the European Union has ricocheted between stagnation and crisis.

George Soros made billions of dollars anticipating seismic changes in the financial markets and used that money to try to change the world. He discusses what he believes were the fatal flaws of the Bush administration - his antagonism toward which is well documented - and the wider American view of the world. Soros heads Soros Fund Management and is the founder of a global network of foundations.

Joe Biden has found his way back to Franklin Roosevelt's New Deal. After four decades of diminishing prospects for ordinary people, the public likes what Biden is offering. Yet American democracy is in dire peril as Republicans, increasingly the national minority, try to destroy democracy in order to cling to power. It is the best of times and the worst of times. In Going Big, best-selling author and political journalist Robert Kuttner assesses the promise and peril of this critical juncture.

Face à la montée des indignations dans un contexte de crise financière mondiale, le célèbre Prix Nobel d'économie Joseph E. Stiglitz explique pourquoi le système économique actuel ne fonctionne plus pour la grande majorité de la population, pourquoi l'inégalité s'aggrave de façon considérable et quelles en sont les conséquences. Son fil conducteur est clair : l'inégalité a un prix, elle est à la fois la cause et la conséquence de la faillite du système politique et elle alimente, au sein du système économique, une instabilité et une inefficacité qui l'aggravent à leur tour.

La crise mondiale, Joseph E. Stiglitz, Prix Nobel d'économie, l'avait annoncée. Le marché roi, l'obsession du court terme, les déréglementations, la libre circulation des capitaux en sont les principaux responsables. Mais il est temps désormais d'étudier les causes fondamentales du désastre : d'après Joseph E Stiglitz, la crise n'est en effet pas exclusivement financière, et ses répercussions économiques ne peuvent dissimuler qu'il s'agit en vérité de la faillite d'un système conjuguée à une crise morale.

If Europe is to return to an innovative and dynamic economy - and if there is to be shared prosperity, social solidarity, and justice - then EU countries need to break with their current, destructive trajectory. This volume offers concrete strategies for renewal that would also reinvigorate the project of European integration, with fresh ideas in the areas of both macroeconomics and microeconomics, including central banking, public investment, corporate governance and competition policy, social policy, and international trade.