Joseph E Stiglitz

Joseph E Stiglitz, a former chief economist of the World Bank and former chair of the US President’s Council of Economic Advisers, is university professor at Columbia University, a Nobel laureate in economics, and the author, most recently, of 'The Road to Freedom: Economics and the Good Society.'

The end of progress?

With the return of Donald Trump and his MAGA movement, perhaps we should call the current era “end of progress.”

2m ago

How to protect the world from the next pandemic

“History teaches us that the next pandemic is a matter of when, not if,” warned WHO DG Tedros Adhanom Ghebreyesus earlier this year.

10m ago

How climate agreements and trade measures go together

We should direct our energies towards negotiating agreements that can achieve progress in narrow, but crucial, economic sectors.

1y 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.

2y ago
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.

September 2, 2018
September 2, 2018

The myth of 'secular stagnation'

In the aftermath of the 2008 financial crisis, some economists argued that the United States, and perhaps the global economy, was suffering from “secular stagnation,”

August 9, 2018
August 9, 2018

The US is at risk of losing a trade war with China

What was at first a trade skirmish—with US President Donald Trump imposing tariffs on steel and aluminum—appears to be quickly morphing into a full-scale trade war with China.

April 8, 2018
April 8, 2018

Trump's trade confusion

The trade skirmish between the United States and China on steel, aluminium, and other goods is a product of US President Donald Trump's scorn for multilateral trade arrangements and the World Trade Organization, an institution that was created to adjudicate trade disputes.

March 19, 2018
March 19, 2018

When shall we overcome?

In 1967, riots erupted in cities throughout the United States, from Newark, New Jersey, to Detroit and Minneapolis in the Midwest—all two years after the Watts neighbourhood of Los Angeles exploded in violence. In response, President Lyndon B Johnson appointed a commission, headed by Illinois Governor Otto Kerner, to investigate the causes and propose measures to address them.

February 5, 2018
February 5, 2018

Post-Davos Depression

I have been attending the World Economic Forum's annual conference in Davos, Switzerland, where the so-called global elite convenes to discuss the world's problems, since 1995.

January 6, 2018
January 6, 2018

The US Donor Relief Act of 2017

Never has a piece of legislation labelled as both a tax cut and a reform been received with as much disapproval and derision as the bill passed by the US Congress and signed into law by President Donald Trump just before Christmas.

December 31, 2017
December 31, 2017

The global economy's risky recovery

A year ago, I predicted that the most distinctive aspect of 2017 would be uncertainty, fueled by, among other things, Donald Trump's election as president in the United States and the United Kingdom's vote to leave the European Union.

December 12, 2017
December 12, 2017

The globalisation of our discontent

Fifteen years ago, I published Globalization and Its Discontents, a book that sought to explain why there was so much dissatisfaction with globalisation within the developing countries.

November 5, 2017
November 5, 2017

Has Trump captured the Fed?

One of the important powers of any US president is to appoint members and heads of the many agencies that are responsible for implementing the country's laws and regulations and, in many cases, governing the economy.