Joseph E. Stiglitz

a Nobel laureate in economics, is University Professor at Columbia University and Chief Economist at the Roosevelt Institute


On International Corporate Taxation
02 марта 2021 6 мин. 2653
NEW YORK – US President Joe Biden has proposed a $1.9 trillion rescue plan to help the American economy recover from the pandemic. Many Republicans oppose it, suddenly consumed with the fiscal religion they unceremoniously abandon whenever their party controls the White House. The massive tax cuts the GOP bestowed on billionaires and corporations in 2017 resulted in the highest US fiscal deficits on record, outside of a deep recession or war. But the promised investment and growth never materialized
03 февраля 2021 4 мин. 2096
NEW YORK – The assault on the US Capitol by President Donald Trump’s supporters, incited by Trump himself, was the predictable outcome of his four-year-long assault on democratic institutions, aided and abetted by so many in the Republican Party
13 января 2021 5 мин. 2134
NEW YORK – There is so much to celebrate with the new year. The arrival of safe, effective COVID-19 vaccines means that there is light at the end of the pandemic tunnel (though the next few months will be horrific). Equally important, America’s <...> president will be replaced by his polar opposite: a man of decency, honesty, and professionalism
05 января 2021 5 мин. 3287
NEW YORK – US President-elect Joe Biden’s decision to appoint Janet Yellen as the next Secretary of the Treasury is good news for America and the world
07 декабря 2020 5 мин. 5681
NEW YORK – Whereas Nero famously fiddled while Rome burned, US President Donald Trump has famously hit the links at his money-losing golf courses while California burns – and as more than 200,000 Americans have died of COVID-19 – for which he himself has now tested positive. Like Nero, Trump will undoubtedly be remembered as an exceptionally cruel, inhumane, and possibly mad political figure
07 октября 2020 6 мин. 3513
NEW YORK – Julia Jackson, the mother of Jacob Blake, a young black man from Kenosha, Wisconsin, who was shot seven times in the back by police, got it right when she said, “America is great when we behave greatly.” Sadly, for the past four years, President Donald Trump has been leading America in the exact opposite direction
15 сентября 2020 5 мин. 2484
NEW YORK – While the COVID-19 pandemic rages, more than 100 low- and middle-income countries will still have to pay a combined $130 billion in debt service this year – around half of which is owed to private creditors. With much economic activity suspended and fiscal revenues in free fall, many countries will be forced to default
05 августа 2020 6 мин. 3942
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NEW YORK – As the world’s business elites trek to Davos for their annual gathering, people should be asking a simple question: Have they overcome their infatuation with US President Donald Trump?
27 января 2020 6 мин. 18248
NEW YORK – It’s clear: we are living beyond our planet’s limits. Unless we change something, the consequences will be dire. Should that something be our focus on economic growth?
11 декабря 2019 5 мин. 14412
NEW YORK – Judging by his appointment of a first-rate economist to his cabinet as Minister of Economy, Argentina’s new president, Alberto Fernández, is off to a good start in confronting his country’s economic problems. Martin Guzmán, with whom I have frequently collaborated in recent years, is among the world’s leading experts on sovereign debt and the problems it can cause, making him the right person in the right place at the right time
25 декабря 2019 5 мин. 12885
NEW YORK – For four decades, the prevailing doctrine in the United States has been that corporations should maximize shareholder value – meaning profits and share prices – here and now, come what may, regardless of the consequences to workers, customers, suppliers, and communities. So the statement endorsing stakeholder capitalism, signed earlier this month by virtually all the members of the US Business Roundtable, has caused quite a stir. After all, these are the CEOs of America’s most powerful corporations, telling Americans and the world that business is about more than the bottom line. That is quite an about-face. Or is it?
02 сентября 2019 5 мин. 11718
It’s old news that large segments of society have become deeply unhappy with what they see as “the establishment,” especially the political class. The “Yellow Vest” protests in France, triggered by President Emmanuel Macron’s move to hike fuel taxes in the name of combating climate change, are but the latest example of the scale of this alienation
16 января 2019 5 мин. 11530
NEW YORK – As the world’s business elites trek to Davos for their annual gathering, people should be asking a simple question: Have they overcome their infatuation with US President Donald Trump?
20 января 2020 6 мин. 9792
NEW YORK – Globalization has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in which Europe, China, and developing countries have snookered America’s trade negotiators into bad deals, leading to Americans’ current woes. It’s an absurd claim: after all, it was America – or, rather, corporate America – that wrote the rules of globalization in the first place
08 октября 2019 5 мин. 7966
NEW YORK – Kirstjen Nielsen’s forced resignation as US Secretary of Homeland Security is no reason to celebrate. Yes, she presided over the forced separation of families at the US border, notoriously housing young children in wire cages. But Nielsen’s departure is not likely to bring any improvement, as President Donald Trump wants to replace her with someone who will carry out his anti-immigrant policies even more ruthlessly
15 апреля 2019 5 мин. 7637
US President has managed to spread chaos and uncertainty – and a degree of fear that would make any terrorist proud – at a dizzying pace. Not surprisingly, citizens and leaders in business, civil society, and government are struggling to respond appropriately and effectively
10 апреля 2017 0 7568
In the last few years, globalization has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalization has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying tax
22 февраля 2019 4 мин. 7478
NEW YORK – Kirstjen Nielsen’s forced resignation as US Secretary of Homeland Security is no reason to celebrate. Yes, she presided over the forced separation of families at the US border, notoriously housing young children in wire cages. But Nielsen’s departure is not likely to bring any improvement, as President Donald Trump wants to replace her with someone who will carry out his anti-immigrant policies even more ruthlessly
15 апреля 2019 5 мин. 7637 Репостов в соцсетях: 5
NEW YORK – As it spread from one country to another, the novel coronavirus paid no attention to national frontiers or “big, beautiful” border walls. Nor were the ensuing economic effects contained. As has been obvious since the outset, the COVID-19 pandemic is a global problem that demands a global solution
09 апреля 2020 5 мин. 4882 Репостов в соцсетях: 2
The world’s advanced economies are suffering from a number of deep-seated problems. In the United States, in particular, inequality is at its highest since 1928, and GDP growth remains woefully tepid compared to the decades after World War II
14 марта 2019 5 мин. 6776 Репостов в соцсетях: 2
In the last few years, globalization has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalization has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying tax
22 февраля 2019 4 мин. 7478 Репостов в соцсетях: 2
It’s old news that large segments of society have become deeply unhappy with what they see as “the establishment,” especially the political class. The “Yellow Vest” protests in France, triggered by President Emmanuel Macron’s move to hike fuel taxes in the name of combating climate change, are but the latest example of the scale of this alienation
16 января 2019 5 мин. 11530 Репостов в соцсетях: 2
The trade skirmish between the United States and China on steel, aluminum, and other goods is a product of US President Donald Trump’s scorn for multilateral trade arrangements and the World Trade Organization, an institution that was created to adjudicate trade disputes
16 апреля 2018 5 мин. 3473 Репостов в соцсетях: 1
I’ve been attending the World Economic Forum’s annual conference in Davos, Switzerland – where the so-called global elite convenes to discuss the world’s problems – since 1995. Never have I come away more dispirited than I have this year
02 февраля 2018 4.5 мин. 5475 Репостов в соцсетях: 1
NEW YORK – Facebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their disposal. The fact that Facebook thinks so reveals much about what is wrong with twenty-first-century American capitalism
17 июля 2019 5 мин. 6736 Репостов в соцсетях: 1
NEW YORK – At the end of the Cold War, political scientist Francis Fukuyama wrote a celebrated essay called “The End of History?” Communism’s collapse, he argued, would clear the last obstacle separating the entire world from its destiny of liberal democracy and market economies. Many people agreed
08 ноября 2019 4 мин. 5537 Репостов в соцсетях: 0
NEW YORK – Governments around the world are responding forcefully to the COVID-19 crisis with a combined fiscal and monetary response that has already reached 10% of global GDP. Yet according to the latest global assessment from the United Nations Department of Economic and Social Affairs, these stimulus measures may not boost consumption and investment by as much as policymakers are hoping
11 июня 2020 5 мин. 4729 Репостов в соцсетях: 0

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