Nobel Prize-winning economist Joseph Stiglitz said today the U.S. needs more fiscal stimulus to aid the economy and that more unconventional monetary easing by the Federal Reserve would do little to spur the recovery.
The European push for fiscal austerity isn’t the way to fight the region’s sovereign-debt crisis and may hurt confidence, Nobel Prize-winning economist Joseph Stiglitz said.
"I think they may not have felt comfortable with somebody who was not in one way or another owned by the industry."
- Joseph Stiglitz on Jan 04, 2015
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