Joseph Stiglitz On The Economy

Saturday, April 12, 2008 | 05:26 AM

I have been meaning  to post this since Thursday morning : An interview with Joseph Stiglitz, the Columbia Professor who is a Nobel Prize-winning economist, with his overview of the economy.

Stiglitz recent books include Globalization and Its Discontents (2003) and Making Globalization Work (2006).

The professor pulls no punches -- about the economy, President Bush, and Fed Chair Bernanke.

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click for crappy WMV video
Stiglitz


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Sources:
Stiglitz on the Economy
CNBC
Thurs. Apr. 10 2008 | 7:00 DT[08:07]
http://www.cnbc.com/id/15840232?video=708404472

Joseph E. Stiglitz Home Page
University Professor
http://www2.gsb.columbia.edu/faculty/jstiglitz/

Saturday, April 12, 2008 | 05:26 AM | Permalink | Comments (15) | TrackBack (0)
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The world's central banks have accumulated $6.4 trillion resulting from the US consumption binge. That money will eventually go somewhere. It would be better if it went into US goods and services. One way to have that happen is a massive dollar depreciation. Everyone is trying to think up another way.

Posted by: VennData | Apr 12, 2008 8:35:28 AM

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