But this public good is unlikely to be adequately provided in a free market, even with the help of philanthropists COMMENT | ANYA SCHIFFRIN, DYLAN W. GROVES & JOSEPH E. STIGLITZ | Although news consumption soared during the COVID-19 pandemic, subscriptions have since fallen, and news outlets around the world …
Read More »Corporate greed and COVID-19
Why refusal to support waiver of WTO intellectual-property rules could prolong the pandemic COMMENT | JOSEPH E. STIGLITZ AND LORI WALLACH | The only way to end the COVID-19 pandemic is to immunise enough people worldwide. The slogan “no one is safe until we are all safe” captures the …
Read More »Which economic stimulus works?
Poorly designed stimulus programs are not just ineffective, they can push economy into recession COMMENT | JOSEPH E. STIGLITZ AND HAMID RASHID | Governments around the world are responding forcefully to the COVID-19 crisis with a combined fiscal and monetary response that has already reached 10% of global GDP. Yet …
Read More »Truth about Trump economy
Trump may be a good president for the top 1% but he has not been good for everyone else COMMENT | JOSEPH E. STIGLITZ | As the world’s business elites trekked to Davos for their annual gathering, people should have been asking a simple question: Have they overcome their infatuation …
Read More »COMMENT: After neoliberalism
What is the most viable and vibrant alternative to an ideology that has failed to create growth? | JOSEPH E. STIGLITZ |What kind of economic system is most conducive to human wellbeing? That question has come to define the current era, because, after 40 years of neoliberalism in the United …
Read More »COMMENT: Beyond GDP measurement
We have to know what matters to people, improves their wellbeing, and how we can supply it more COMMENT | JOSEPH E. STIGLITZ | 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 …
Read More »COMMENT: Can democracy come back?
America’s ideals of freedom, democracy, and justice for all are now under open attack COMMENT | JOSEPH E. STIGLITZ | 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 …
Read More »COMMENT: Money in America’s midterm elections
U.S. politics has been corrupted by money, gerrymandering and massive attempts at disenfranchisement COMMENT | JOSEPH E. STIGLITZ | 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 …
Read More »COMMENT: Surviving the trump era
The silver lining in the Trump cloud is a new solidarity over core values such as tolerance and equality By: Joseph E. Stiglitz In barely a month, U.S President Donald Trump has managed to spread chaos and uncertainty – and a degree of fear that would make any terrorist …
Read More »The new generation gap
By Joseph E.Stiglitz A great divide appears to have opened up, based not so much on income, education, or gender as on generation Something interesting has emerged in voting patterns on both sides of the Atlantic: Young people are voting in ways that are markedly different from their elders. A …
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