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Joseph E. Stiglitz

Joseph E. Stiglitz

Writing for PS since 2001
314 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. America's Silent Progressive Majority
    op_stiglitz6_Anna MoneymakerGetty Images_USabortionprotest Anna Moneymaker/Getty Images

    America's Silent Progressive Majority

    Nov 25, 2022 Joseph E. Stiglitz considers what the midterm election results indicate about voters' real priorities.

  2. Wars Aren’t Won with Peacetime Economies
    stiglitz310_Sean GallupGetty Images_gas prices Sean Gallup/Getty Images

    Wars Aren’t Won with Peacetime Economies

    Oct 17, 2022 Joseph E. Stiglitz urges governments to intervene to overcome market failures and other problems caused by the Ukraine crisis.

  3. The Fed Should Wait and See
    stiglitz309_Alex WongGetty Imagesjerome powell Alex Wong/Getty Images

    The Fed Should Wait and See

    Sep 12, 2022 Joseph E. Stiglitz & Dean Baker see dampening inflation and inflation expectations as reason enough for pausing interest-rate rate hikes.

  4. Why the Inflation Reduction Act Is a Big Deal
    stiglitz308_Kent Nishimura Los Angeles Times via Getty Images_chuckschumer Kent Nishimura/Los Angeles Times via Getty Images

    Why the Inflation Reduction Act Is a Big Deal

    Aug 8, 2022 Joseph E. Stiglitz explains how the legislation would address several key longstanding problems facing America.

  5. Inflation Dos and Don’ts
    op_stiglitz5_STEFANI REYNOLDSAFP via Getty Images_house for sale inflation STEFANI REYNOLDS/AFP via Getty Images

    Inflation Dos and Don’ts

    Jul 8, 2022 Joseph E. Stiglitz & Dean Baker argue that the problem is on the supply side and that policymakers should look there for solutions.

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  1. sierakowski91_Omar MarquesGetty Images_ukrainian refugees Omar Marques/Getty Images
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    Resentment on the Western Front

    Sławomir Sierakowski thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals.
  2. vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images
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    Crypto’s Well-Worn Path to Crisis

    Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.
  3. roubini171_Spencer PlattGetty Images_recession looming Spencer Platt/Getty Images
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    The Unavoidable Crash

    Nouriel Roubini anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing.
  4. nye236_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images
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    War Over Taiwan?

    Joseph S. Nye, Jr. considers whether a deterrence arrangement that has worked for 50 years is still sufficient.
  5. op_livingston1_Anna MoneymakerGetty Images_fed Anna Moneymaker/Getty Images
    2

    The Contested Fed

    James Livingston

    By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.

     reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
  6. pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images
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    The Economics of Mainstreaming Climate Action

    Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.
  7. haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images
    2

    Killing Twitter

    Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.
  8. emmott41_musk
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    The Napoleons of Big Tech

    Bill Emmott

    Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.

     sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
  9. BP - ftx NurPhoto / Contributor via Getty Images
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    The Crypto Emperor’s New Clothes

    The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?

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