There’s been no shortage of voices expressing concern that a New York court’s debt ruling against Argentina would hurt the city’s status as a hub for sovereign bond sales -- from Columbia University Professor Joseph Stiglitz to Obama administration officials.
Ten chairs lined the front of a community center in Greensboro, North Carolina, where Mr. Moneybags was giving a lesson in wealth inequality. Moneybags, played by tobacco worker John Ledbetter, sprawled across seven of them as nine of his classmates jostled for the rest.
Calling growing inequality a betrayal of U.S. values and “morally wrong,” Nobel laureate Joseph Stiglitz said concentrated wealth could harm public health, slow economic growth and undermine democracy.
Columbia University Professor and Nobel laureate Joseph Stiglitz said high-frequency trading gives an unfair advantage to a select group of investors and could be taxed as a way to discourage the practice.
The U.S. economy is showing no signs of catching up with its past growth trend and advanced economies are at risk of “Japanese-style malaise,” Columbia University Professor and Nobel laureate Joseph Stiglitz said.
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.
Nobel laureate Joseph Stiglitz plans to file a brief in support of Argentina’s bid for U.S. Supreme Court review of a lower-court order to pay holders of defaulted bonds in full, according to his lawyer.