Joseph E Stiglitz

Nobel laureate in economics, and Professor at Columbia University. His most recent book, co-authored with Bruce Greenwald, is Creating a Learning Society: A New Approach to Growth, Development, and Social Progress.

How to protect the world from the next pandemic

“History teaches us that the next pandemic is a matter of when, not if,” warned World Health Organization Director-General Tedros Adhanom Ghebreyesus earlier this year.

6m ago

How climate agreements and trade measures go together

Rather than focusing on international conferences like COP, we should direct our energies towards negotiating agreements that can achieve progress in narrow, but crucial, economic sectors.

10m ago

Fixing global economic governance

Rarely have the shortcomings of world leaders and existing institutional arrangements been so glaringly obvious.

1y ago

Inequality and democracy

Should we be surprised that so many people view the growing concentration of wealth with suspicion, or that they believe the system is rigged?

1y ago

Double standards of Western industrial policy

US President Joe Biden’s administration should be commended for its open rejection of two core neoliberal assumptions.

1y ago

No confidence in the Fed

The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world.

1y ago

Who stands for freedom?

We desperately need free markets, but that means, above all, markets that are free from the stranglehold of monopoly and monopsony.

1y ago

How not to fight inflation

Anyone with any faith in the market economy knew that the supply issues would be resolved eventually; but no one could possibly know when.

1y ago
January 19, 2020
January 19, 2020

The truth about the Trump economy

As the world’s business elites trek to Davos for their annual gathering, people should be asking a simple question: have they overcome their infatuation with US President Donald Trump?

December 27, 2019
December 27, 2019

Argentina’s bright young hope

Judging by his appointment of a first-rate economist to his cabinet as Minister of Economy, Argentina’s new president, Alberto Fernández, is off to a good start in confronting his country’s economic problems.

December 12, 2019
December 12, 2019

Is Growth Passé?

It’s clear: we are living beyond our planet’s limits. Unless we change something, the consequences will be dire. Should that something be our exclusive focus on economic growth?

August 29, 2019
August 29, 2019

Is stakeholder capitalism really back?

For four decades, the prevailing doctrine in the United States has been that corporations should maximise shareholder value—meaning profits and share prices—here and now, come what may, regardless of the consequences to workers, customers, suppliers, and

June 1, 2019
June 1, 2019

After Neoliberalism

What kind of economic system is most conducive to human wellbeing? That question has come to define the current era, because, after 40 years of neoliberalism in the United States and other advanced economies, we know what doesn’t work.

April 11, 2019
April 11, 2019

Trump's most worrisome legacy

Kirstjen Nielsen's forced resignation as US Secretary of Homeland Security is no reason to celebrate. Yes, she presided over the forced separation of families at the US border, notoriously housing young children in wire cages.

February 18, 2019
February 18, 2019

How can we tax footloose multinationals?

In the last few years, globalisation has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalisation has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying tax.

January 10, 2019
January 10, 2019

From Yellow Vests to the Green New Deal

It's old news that large segments of society have become deeply unhappy with what they see as “the establishment”, especially the political class. The “Yellow Vest” protests in France, triggered by President Emmanuel Macron's move to hike fuel taxes in the name of combating climate change, are but the latest example of the scale of this alienation.

December 5, 2018
December 5, 2018

Beyond GDP

Just under 10 years ago, the International Commission on the Measurement of Economic Performance and Social Progress issued its report “Mismeasuring Our Lives

October 23, 2018
October 23, 2018

People vs money in America's midterm elections

All eyes are on the United States as November's Congressional elections approach. The outcome will answer many alarming questions raised two years ago, when Donald Trump won the presidential election.