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Dialogue with the losers trumps talking to the winners
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Cheng again denies FT report that she offered to quit
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Dialogue with the losers trumps talking to the winners
Crowds pay tribute to HKUST student who died from carpark fall
Cheng again denies FT report that she offered to quit
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UK speeds towards Brexit as Johnson wins big election majority
US seriously damaged hard-won mutual trust: China’s Wang Yi
Is tech a new frontier for sustainability?
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UK speeds towards Brexit as Johnson wins big election majority
US seriously damaged hard-won mutual trust: China’s Wang Yi
Is tech a new frontier for sustainability?
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US seriously damaged hard-won mutual trust: China’s Wang Yi
Refinitiv blocked Reuters HK protests stories in China: report
‘Good boy’ Macau to win policy rewards from China: report
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Date
15 December 2019
Joseph E. Stiglitz
Joseph E. Stiglitz is the winner of the 2001 Nobel Memorial Prize in Economic Sciences. His most recent book is Globalization and its Discontents Revisited: Anti-Globalization in the Era of Trump.
No more half-measures on corporate taxes
Joseph E. Stiglitz
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Oct 8, 2019 10:52am
Globalization has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in...
Trump’s deficit economy
Joseph E. Stiglitz
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Aug 12, 2019 10:25am
In the new world wrought by US President Donald Trump, where one shock follows another, there is never time to think through fully the implications of the events with which we are bombarded. In late July,...
Thumbs down to Facebook’s cryptocurrency
Joseph E. Stiglitz
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Jul 3, 2019 9:54am
Facebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their disposal. The fact...
Trump’s most worrisome legacy
Joseph E. Stiglitz
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Apr 10, 2019 10:47am
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. But Nielsen’s...
Market concentration is threatening the US economy
Joseph E. Stiglitz
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Mar 12, 2019 10:10am
The world’s advanced economies are suffering from a number of deep-seated problems. In the United States, in particular, inequality is at its highest since 1928, and GDP growth remains woefully tepid compared to the decades after...
How can we tax footloose multinationals?
Joseph E. Stiglitz
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Feb 14, 2019 10:13am
In the last few years, globalization has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalization has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying...
From Yellow Vests to the Green New Deal
Joseph E. Stiglitz
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Jan 8, 2019 11:46am
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...
Beyond GDP
Joseph E. Stiglitz
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Dec 4, 2018 10:27am
Just under ten years ago, the International Commission on the Measurement of Economic Performance and Social Progress issued its report, Mismeasuring Our Lives: Why GDP Doesn’t Add Up. The title summed it up: GDP is not...
Can American democracy come back?
Joseph E. Stiglitz
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Nov 7, 2018 9:38am
The United States has long held itself up as a bastion of democracy. It has promoted democracy around the world. It fought, at great cost, for democracy against fascism in Europe during World War II. Now...
People vs money in America’s midterm elections
Joseph E. Stiglitz
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Oct 12, 2018 11:11am
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. Will the US electorate declare that...
The myth of secular stagnation
Joseph E. Stiglitz
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Aug 29, 2018 10:36am
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,” an idea first conceived in the aftermath of the Great Depression....
The US is at risk of losing a trade war with China
Joseph E. Stiglitz
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Jul 31, 2018 9:40am
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. If the truce agreed...
Can the euro be saved?
Joseph E. Stiglitz
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Jun 14, 2018 3:14pm
The euro may be approaching another crisis. Italy, the eurozone’s third-largest economy, has chosen what can at best be described as a Euroskeptic government. This should surprise no one. The backlash in Italy is another predictable...
Trump’s trade confusion
Joseph E. Stiglitz
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Apr 9, 2018 10:42am
The trade skirmish between the United States and China on steel, aluminum, 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...
Post-Davos depression
Joseph E. Stiglitz
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Feb 2, 2018 10:47am
I’ve 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. Never have I come away more dispirited than I...
The US Donor Relief Act of 2017
Joseph E. Stiglitz
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Jan 3, 2018 9:41am
Never has a piece of legislation labeled 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...
The globalization of our discontent
Joseph E. Stiglitz
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Dec 6, 2017 9:30am
Fifteen years ago, I published Globalization and Its Discontents, a book that sought to explain why there was so much dissatisfaction with globalization within the developing countries. Quite simply, many believed that the system was “rigged”...
Has Trump captured the Fed?
Joseph E. Stiglitz
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Nov 6, 2017 10:38am
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....
Déjà voodoo
Joseph E. Stiglitz
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Oct 6, 2017 12:36pm
Having failed to “repeal and replace” the 2010 Affordable Care Act (Obamacare), US President Donald Trump’s administration and the Republican congressional majority have now moved on to tax reform. Eight months after assuming office, the administration...
Learning from Harvey
Joseph E. Stiglitz
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Sep 11, 2017 9:57am
Hurricane Harvey has left in its wake upended lives and enormous property damage, estimated by some at US$150-180 billion. But the storm that pummeled the Texas coast for the better part of a week also raises...
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