Joseph E. Stiglitz
Project Syndicate
New York, NY, United States
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Past articles by joseph:
All Pain and No Gain from Higher Interest Rates
Joseph E. Stiglitz explains why the current demand-focused approach to taming inflation is all wrong. → Read More
The International Community Must Prioritize COVID Treatment and Test Access
Global trade rules are extending the COVID pandemic → Read More
The Fed Should Wait and See
Joseph E. Stiglitz & Dean Baker see dampening inflation and inflation expectations as reason enough for pausing interest-rate rate hikes. → Read More
Actually, Canceling Student Debt Will Cut Inflation
Biden’s targeted loan forgiveness will help, not harm, the economy. → Read More
Why Jerome Powell Must Go by Joseph E. Stiglitz
On all of the defining issues of the moment, US Federal Reserve Chair Jerome Powell has shown that his instincts are out of step with what the country needs. In deciding whom to appoint to the position next, US President Joe Biden must not be swayed by clichés about bipartisanship and continuity. → Read More
Getting Finance Onside for Climate by Joseph E. Stiglitz
With too much of the financial industry still funding long-term investments in the fossil-fuel sector, it is clear that a more robust government intervention is needed. Here is what policymakers can do to move the dial in a meaningful way. → Read More
Whither America? – Joseph Stiglitz
It will take more than one person—and more than one presidential term—to overcome America’s longstanding challenges. → Read More
What Yellen Must Do by Joseph E. Stiglitz
Although the United States has survived four years of gross incompetence and pathological mendacity, it now faces the daunting task of achieving a sustainable post-pandemic recovery. Fortunately, no one is better equipped to deal with today’s economic challenges than the next US treasury secretary. → Read More
Republicans, Not Biden, Are About to Raise Your Taxes
President Trump built in tax increases beginning in 2021, for nearly everyone but those at the very top. → Read More
Doesn’t Feel Like a Recession? You Should Be Paying More in Taxes
It’s not only the right thing to do, it’s good economics. → Read More
Priorities for the Covid-19 economy – Joseph Stiglitz
The most urgent policy priorities have been obvious since the beginning, but they will require hard choices and a show of political will. → Read More
Priorities for the COVID-19 Economy
We shouldn’t bail out firms like old-line retailers that were already in decline before the crisis; to do so would merely create “zombies.” → Read More
The COVID-19 stimulus can't be a corporate bail-out. We need a new playbook for relief
Our democracy and economy is at great risk if we respond by giving money to the loudest and most powerful voices → Read More
Plagued by Trumpism – Joseph Stiglitz
For years Republicans have insisted ‘government is not the solution to our problem; government is the problem’. The bankruptcy of this has been laid bare. → Read More
Plagued by Trumpism by Joseph E. Stiglitz
For 40 years, Republicans have been insisting that “government is not the solution to our problem, government is the problem.” But now that COVID-19, climate change, and other collective threats are bearing down on the US and the rest of the world, the bankruptcy of this nostrum has been laid bare. → Read More
Is Stakeholder Capitalism Really Back? by Joseph E. Stiglitz
We will have to wait and see whether the US Business Roundtable's recent statement renouncing corporate governance based on shareholder primacy is merely a publicity stunt. If America's most powerful CEOs really mean what they say, they will support sweeping legislative reforms. → Read More
Trump’s Deficit Economy by Joseph E. Stiglitz
Economists have repeatedly tried to explain to Donald Trump that trade agreements may affect which countries the US buys from and sells to, but not the magnitude of the overall deficit. But, as usual, Trump believes what he wants to believes, leaving those who can least afford it to pay the price. → Read More
Thumbs Down to Facebook’s Cryptocurrency by Joseph E. Stiglitz
Only a fool would trust Facebook with his or her financial wellbeing. But maybe that’s the point: with so much personal data on some 2.4 billion monthly active users, who knows better than Facebook just how many suckers are born every minute? → Read More
After Neoliberalism by Joseph E. Stiglitz
For the past 40 years, the United States and other advanced economies have been pursuing a free-market agenda of low taxes, deregulation, and cuts to social programs. There can no longer be any doubt that this approach has failed spectacularly; the only question is what will – and should – come next. → Read More
The Economy We Need by Joseph E. Stiglitz
After 40 years of market fundamentalism, America and like-minded European countries are failing the vast majority of their citizens. At this point, only a new social contract – guaranteeing citizens health care, education, retirement security, affordable housing, and decent work for decent pay – can save capitalism and liberal democracy. → Read More