Phrase by 'Joseph Stiglitz'
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The U.S. basically wrote the rules and created the institutions of globalisation.
Author: Joseph Stiglitz - American EconomistRules , Institutions , Globalisation
After the destruction of New Orleans by Hurricane Katrina in 2005, the shutdown of much of New York City by Sandy in 2012, and now the devastation wrought on Texas by Harvey, the U.S. can and should do better.
Author: Joseph Stiglitz - American EconomistNew , New York , Better , City
Trump sees the world in terms of a zero-sum game. In reality, globalisation, if well managed, is a positive-sum force: America gains if its friends and allies - whether Australia, the E.U., or Mexico - are stronger. But Trump's approach threatens to turn it into a negative-sum game: America will lose, too.
Author: Joseph Stiglitz - American EconomistFriends , World , Game , America
Behind Trump's promise to 'make America great again' lie many fallacies. The most important fallacy is that America's place in the world can be restored to the one it occupied after World War II, when Europe was still recovering from vast devastation and most developing countries were still European colonies. It can't be.
Author: Joseph Stiglitz - American EconomistWorld , Great , America , War
With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the right way. We need rules that focus on long-term economic growth, and the only kind of sustainable prosperity is shared prosperity.
Author: Joseph Stiglitz - American EconomistFocus , Time , Way , Growth
There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.
Author: Joseph Stiglitz - American EconomistSomething , Air , Economics , Winner
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