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Joseph E. Stiglitz

Joseph E. Stiglitz

Writing for PS since 2001
319 commentaries
3 videos & podcasts

Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, is a former chief economist of the World Bank (1997-2000), 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 and was lead author of the 1995 IPCC Climate Assessment.

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  1. Another Predictable Bank Failure
    stiglitz316_NOAH BERGERAFP via Getty Images_siliconvalleybank Noah Berger/AFP via Getty Images

    Another Predictable Bank Failure

    Mar 13, 2023 Joseph E. Stiglitz blames US policymakers and regulators for the collapse of a financial mainstay of Silicon Valley.

  2. Who Stands for Freedom?
    stiglitz315_Paul WeaverSOPA ImagesLightRocket via Getty Images_freedomUSprotest Paul Weaver/SOPA Images/LightRocket via Getty Images

    Who Stands for Freedom?

    Feb 24, 2023 Joseph E. Stiglitz urges social democrats to reclaim the concept of liberty from advocates of unfettered markets.

  3. How Not to Fight Inflation
    stiglitz314_ Drew AngererGetty Images_jeromepowell Drew Angerer/Getty Images

    How Not to Fight Inflation

    Jan 26, 2023 Joseph E. Stiglitz sees little upside and much downside to further monetary-policy tightening by the US Federal Reserve.

  4. The Road to Fascism
    stiglitz311_Win McNamee_Getty Images Win McNamee/Getty Images

    The Road to Fascism

    Dec 12, 2022 Joseph E. Stiglitz fears that economic policymakers will make a bad global situation worse, sowing the seeds of resentment.

  5. All Pain and No Gain from Higher Interest Rates
    stiglitz313_FREDERIC J. BROWNAFP via Getty Images_USgas Frederic J. Brown/AFP via Getty Images

    All Pain and No Gain from Higher Interest Rates

    Dec 8, 2022 Joseph E. Stiglitz explains why the current demand-focused approach to taming inflation is all wrong.

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  1. gaffney4_Leonardo MunozVIEWpress_tax Leonardo Munoz/VIEWpress
    1

    Tax the Rich to Save the Planet

    Owen Gaffney argues that reducing economic inequality is the key to strengthening democracy and mitigating climate change.
  2. nye240_Yuichiro ChinoGetty Images_worldtechnologyconnection Yuichiro Chino/Getty Images
    0

    Is Globalization Over?

    Joseph S. Nye, Jr. explains why reports of the death of humanity's interdependence are greatly exaggerated.
  3. goldsmith3_LEONARDO MUNOZAFP via Getty Images_trumpindictment Leonardo Munoz/AFP via Getty Images
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    Putin and Trump in the Dock?

    Jack Goldsmith explains the risks associated with pursuing criminal prosecutions against high-profile political figures.
  4. fischer202_JULIEN DE ROSAAFP via Getty Images_ukraine JULIEN DE ROSA/AFP via Getty Images
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    The Great Revision

    Joschka Fischer examines the broader geopolitical restructuring that was triggered by Russia’s full-scale invasion of Ukraine.
  5. op_feld2_Mike KempIn Pictures via Getty Images_inflation Mike Kemp/In Pictures via Getty Images
    3

    Why Inflation Persists

    Lars P. Feld

    What "Team Transitory" has missed in the inflation debate is that inflation tends to become persistent because of second-round effects. Not only have producer prices risen over the past year or so, but they also have not yet been fully passed through the value chain.

     navigates the complex array of factors that give rise to one of the biggest problems in macroeconomics.
  6. haldar19_ Beata ZawrzelNurPhoto via Getty Images_wanted putin Beata Zawrzel/NurPhoto via Getty Images
    0

    Wanted: Vladimir Putin

    Antara Haldar explains why the International Criminal Court’s indictment is more than just a symbolic victory.
  7. BP financial crisis Anadolu Agency / Contributor via Getty Images
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    Here We Go Again?

    Fifteen years after the collapse of the US investment bank Lehman Brothers triggered a devastating global financial crisis, the banking system is in trouble again. Central bankers and financial regulators each seem to bear some of the blame for the recent tumult, but there is significant disagreement over how much – and what, if anything, can be done to avoid a deeper crisis.

  8. roubini175_Michael M. SantiagoGetty Images_debt crisis Michael M. Santiago/Getty Images
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    The Coming Doom Loop

    Nouriel Roubini warns that liquidity support will not be enough to prevent a deeper financial crisis and economic downturn.
  9. james202_FABRICE COFFRINIAFP via Getty Images_ubs credit suisse FABRICE COFFRINI/AFP via Getty Images
    0

    Crises of Uncertainty

    Harold James fears the consequences of policymakers’ continual revision of economic and financial governance rules.

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