Articles by Joseph E. Stiglitz, Nobel Economics Laureate

We found 11 results.


How Biden Can Restore Multilateralism Unilaterally
Joseph E. Stiglitz, Nobel Economics Laureate – TRANSCEND Media Service, 4 Jan 2021

31 Dec 2020 – After four years of the Trump administration undermining global governance, Joe Biden will certainly have his work cut out for him. Nonetheless, there are several actions the new administration can take immediately to reaffirm America’s commitment to multilateral institutions and the rule of law.

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Inequality Is Not Inevitable
Joseph E. Stiglitz, Nobel Economics Laureate – TRANSCEND Media Service, 9 Nov 2020

The underlying source of the problem: political inequities and policies that have commodified and corrupted our democracy. It is only engaged citizens who can fight to restore a fairer America. Widening and deepening inequality is not driven by immutable economic laws, but by laws we have written ourselves.

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The Pandemic Has Laid Bare Deep Divisions, but It’s Not Too Late to Change Course
Joseph E. Stiglitz, Nobel Economics Laureate | IMF – TRANSCEND Media Service, 7 Sep 2020

Around the world, there are marked differences in how the pandemic has been managed, both in terms of how successful countries have been in maintaining the health of their citizens and the economy and in the magnitude of the inequalities on display. There are many reasons for these differences

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How to Prevent the Looming Sovereign-Debt Crisis
Joseph E. Stiglitz, Nobel Economics Laureate, and Hamid Rashid | Vox EU – TRANSCEND Media Service, 24 Aug 2020

3 Aug 2020 – From Latin America’s lost decade in the 1980s to the more recent Greek crisis, there are plenty of painful reminders of what happens when countries cannot service their debts. This column argues that a global debt crisis today would likely push millions of people into unemployment and fuel instability and violence around the world, and proposes a multilateral sovereign debt buyback facility which could be managed by the IMF.

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Is Growth Passé?
Joseph E. Stiglitz, Nobel Economics Laureate | Project Syndicate – TRANSCEND Media Service, 23 Dec 2019

9 Dec 2019 – Some suggest that the Paris climate agreement’s target for limiting global warming can be achieved only by stopping economic expansion. But there is ample room to change the quality of growth and significantly reduce its environmental impact without condemning billions of people to lives of deprivation.

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Thumbs Down to Facebook’s Cryptocurrency
Joseph E. Stiglitz, Nobel Economics Laureate | Project Syndicate – TRANSCEND Media Service, 8 Jul 2019

2 Jul 2019 – 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?

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The Real Scandal behind the Panama Papers
Joseph E. Stiglitz, Nobel Economics Laureate, and Mark Pieth – Vanity Fair, 3 Oct 2016

After the leak of more than 11 million documents detailing sensitive, and often terrifying, information about offshore financial and legal activities, the Nobel-laureate economist Joseph Stiglitz was enlisted to help Panama reform its practices. But nothing could have prepared him for what came next.

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The U.S. Must Save Greece
Joseph E. Stiglitz, Nobel Economics Laureate – Time Magazine, 13 Jul 2015

July 9, 2015 – As the Greek saga continues, many have marveled at Germany’s chutzpah. It received, in real terms, one of the largest bailout and debt reduction in history and unconditional aid from the U.S. in the Marshall Plan. And yet it refuses even to discuss debt relief.

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The Secret Corporate Takeover
Joseph E. Stiglitz, Nobel Economics Laureate, Project Syndicate – TRANSCEND Media Service, 18 May 2015

Economics Nobel Joseph E. Stiglitz shows why today’s “trade” agreements are about much more than free trade.

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Don’t Trade Away Our Health: Trans-Pacific Partnership and International Drug Price Fixing
Joseph E. Stiglitz, Nobel Economics Laureate – The New York Times, 2 Feb 2015

30 Jan 2015 – A secretive group met behind closed doors in New York this week. The efforts to raise drug prices in the T.P.P. take us in the wrong direction. The whole world may come to pay a price in the form of worse health and unnecessary deaths.

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Inequality Is a Choice
Joseph E. Stiglitz, Nobel Economics Laureate – The New York Times, 21 Oct 2013

It’s well known by now that income and wealth inequality in most rich countries, especially the United States, have soared in recent decades and, tragically, worsened even more since the Great Recession. But what about the rest of the world?

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