![]() Source Joseph Stiglitz: “Deep-Seatedly Wrong” Economic Thinking Is Killing Greece.(Los Angeles Times) – As central bank governors, Federal Reserve officials, economists and reporters convene for the annual economic policy retreat in Jackson Hole, Wyo., this weekend, the question on everyone's mind is: Will the Fed raise interest rates come September? Source Joseph Stiglitz explains why the Fed shouldn’t raise interest rates.(Maclean's) – The professor of economics at Columbia University discusses the failure of austerity, the rise of inequality, and the weakness of the U.S. Source The Interview: Nobel laureate and economist Joseph Stiglitz. ![]() (Market Watch) – Higher rates would slow the economy and hurt African-Americans and Hispanic Americans the most. Source Opinion: Joseph Stiglitz: It’s a no-brainer to keep rates on hold.(Democracy Now) – As presidential candidates spar over economic policies and Congress debates the TPP, one of the nation’s leading economists is calling for a comprehensive overhaul of the U.S. Source Nobel Laureate Joseph Stiglitz on “Rewriting the Rules of the American Economy”.(The Atlantic) – In his new book, a Nobel laureate outlines how the huge disparity arose and the huge course correction needed to address it. Source Stiglitz: Here’s How to Fix Inequality.In 2008, he was asked by the French President Nicolas Sarkozy to chair the Commission on the Measurement of Economic Performance and Social Progress, and in 2009, was appointed by the President of the United Nations General Assembly as chair of the Commission of Experts on Reform of the International Financial and Monetary System. Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. Hailed as "an insanely great economist" by the New York Times' Paul Krugman, Stiglitz offers lucid, astute, in-depth analysis of today's global economic climate and its impact on organizations, governments and individuals. A renowned economist and Nobel Prize winner, Stiglitz has had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Few are more qualified to comment during this turbulent time than Joseph Stiglitz.
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