China’s economy has become more and more important to the global economy in recent years, and Nobel Prize-winning economist Joseph Stiglitz recently offered his thoughts on how China’s economy is faring. Stiglitz tells Bloomberg he is confident that China can continue to put up strong growth numbers, and that he’s not too worried about a [...]
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Tag Archives: Joseph Stiglitz
Stiglitz: This Is No Time for Austerity
June 30, 2010
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Paul Krugman isn’t the only Nobel Prize-winning economist saying austerity measures are threatening to derail the economic recovery — not help it. Columbia University’s Joseph Stiglitz tells CNBC that there is a misconception that government cutbacks inspire confidence in the private sector. He says there is a “very high risk” of a double-dip recession, and [...]
Read moreStiglitz: More Stimulus Likely Needed to Avert Double-Dip
February 17, 2010
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Nobel laureate and Columbia economist Joseph Stiglitz continues to believe that the U.S. needs another stimulus package, or else it will risk having high unemployment “through the middle of the decade” and a weak economy for the next several years. While much of the first stimulus funding has yet to be spent, he tells Yahoo! [...]
Read moreStiglitz: Stumbling Blocks Ahead
October 6, 2009
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Columbia University economist and Nobel laureate Joseph Stiglitz tells Bloomberg News that he sees rough terrain ahead for the economy, and, potentially, the markets. Stiglitz says the next quarter or two may be good in terms of economic growth, but adds that over the longer term the economy doesn’t appear poised to grow enough to [...]
Read moreStiglitz: Asian Recovery Is “Remarkable”
August 21, 2009
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Two-time Nobel Prize-winning economist Joseph Stiglitz, who recently said he sees a period of “malaise” coming for the U.S. economy, is much more upbeat on Asia’s economies. “Asia’s recovery has been remarkable,” Stiglitz said at a conference in Bangkok, Voice of America reports. “People are talking about a ‘V’ shaped recovery. The big issue that [...]
Read moreStiglitz Sees “Malaise” Ahead
August 4, 2009
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Joseph Stiglitz, a two-time Nobel Prize winner and Columbia University economist, sees more rough sledding for the economy, and says the government should provide more stimulus funding to help with state government shortfalls and consumption slowdowns. Stiglitz tells Yahoo! TechTicker that, while the sense of economic free-fall has ended, the likelihood of real gains in [...]
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