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.
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.
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.
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.
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.