Joseph E Stiglitz, a Nobel laureate in economics and professor at Columbia University, is a former chief economist of the World Bank, chair of the US president’s Council of Economic Advisers and co-chair of the High-Level Commission on Carbon Prices. He is a member of the Independent Commission for the Reform of International Corporate Taxation.
Taxing extreme wealth and multinationals is essential to defeating "21st-century Caesarism" and reclaiming democratic governance from the global elite.
Just as Donald Trump’s overall economic strategy is based on nostalgia for a bygone era, his fossil-fuel-centered energy policies would represent a quixotic attempt to reverse history.
For 40 years, US Republicans have been insisting that ‘government is not the solution to our problem; government is the problem’. The bankruptcy of this has been laid bare.
For 40 years, elites in rich and poor countries promised neoliberal policies would lead to faster growth and the benefits would trickle down so that everyone would be better off.
GDP figures are often in the public eye but they are insufficient measures for well-being. Economics Nobel Laureate Joseph Stiglitz explains why we need to look beyond GDP.
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,”
