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Joseph E. Stiglitz

Joseph E. Stiglitz

Writing for PS since 2001
350 commentaries
3 videos & podcasts

Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, is a former chief economist of the World Bank (1997-2000), former chair of the US President’s Council of Economic Advisers, former co-chair of the High-Level Commission on Carbon Prices, and lead author of the 1995 IPCC Climate Assessment. He is Co-Chair of the Independent Commission for the Reform of International Corporate Taxation and the author, most recently, of The Road to Freedom: Economics and the Good Society (W. W. Norton & Company, Allen Lane, 2024).

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  1. Europe’s Powerful Tool Against Russia
    kosenko4_Justin TallisGettyImages_zelensky_starmer_macron Justin Tallis/Getty Images

    Europe’s Powerful Tool Against Russia

    Mar 4, 2025 Andrew Kosenko & Joseph E. Stiglitz urge European governments to seize the $220 billion of Russian assets frozen in their jurisdictions.

  2. The End of Progress?
    stiglitz347_Kevin DietschGettyImages_bye_biden Kevin Dietsch/Getty Images

    The End of Progress?

    Jan 21, 2025 Joseph E. Stiglitz predicts that Donald Trump’s second administration will be defined by its rejection of Enlightenment values.

  3. A No-Brainer for Global Growth and US Jobs
    stiglitz346_Dilok KlaisatapornGettyImages_currencies_cash Dilok Klaisataporn/Getty Images

    A No-Brainer for Global Growth and US Jobs

    Jan 10, 2025 Joseph E. Stiglitz & Mark Weisbrot call for a new issuance of the International Monetary Fund’s international reserve asset.

  4. Trump Is on a Collision Course With the US Budget
    stiglitz345_Chip SomodevillaGettyImages_janet_yellen Chip Somodevilla/Getty Images

    Trump Is on a Collision Course With the US Budget

    Jan 6, 2025 Joseph E. Stiglitz points out that no amount of bluster or strong-arming can overcome the laws of arithmetic.

  5. The Democrats’ Only Option
    acemoglu80_ Joshua LottGetty Images_democrats Joshua Lott/Getty Images

    The Democrats’ Only Option

    Nov 27, 2024 Joseph E. Stiglitz urges the party to reconnect with its New Deal and Great Society roots.

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  1. weglarczyk1_Justin TallisGettyImages_europe_security_summit Justin Tallis/Getty Images

    Europe, United, Will Never Be Defeated!

    Bartosz Węglarczyk identifies the main obstacle to the development of an effective defense strategy in the absence of US support.
  2. strain37_Spencer PlattGettyImages_trump_stock_market Spencer Platt/Getty Images

    Why Is Trump Undermining the US Economy?

    Michael R. Strain

    Although Donald Trump got off to a good start, with equity prices hitting all-time highs in anticipation of pro-growth policies, investor confidence has vanished, tanking the stock market. With the president deliberately undermining the foundations of US prosperity, one must ask why he is doing it, and what could stop him.

    offers three explanations for a set of policies that have sent investor confidence into a tailspin.
  3. berglof40_Geoff RobinsGettyImages_trade_tariffs_cars Geoff Robins/Getty Images

    How to Lose a Decade

    Erik Berglöf & Nahom Ghebrihiwet warns that a trade war will harm economic growth and decarbonization, with developing countries hit hardest.
  4. tharoor200_Jim WatsonGettyImages_trump_modi_trade Jim Watson/Getty Images

    Will Trump’s Tariffs Derail India’s Economy?

    Shashi Tharoor

    The US administration’s plan to impose “reciprocal” import tariffs could severely curtail key Indian exports, including chemicals, metals, auto parts, and pharmaceuticals, leading to job losses and undermining fiscal stability. India has little choice but to lower its own tariffs while negotiating improved access to the US market.

    urges policymakers to brace for the impact – known and unknown – of the US administration’s trade policies.
  5. hamada69_The Washington PostGettyImages_trump_speech The Washington Post/Getty Images

    Countering Trump’s Politics of Fear

    Koichi Hamada calls for a new set of policies that responds to, rather than dismisses, US voters’ legitimate fears.
  6. galen5_Andrew HarnikGetty Images_trumpcongress Andrew Harnik/Getty Images

    Where Are the Democrats?

    Reed Galen lambasts the party for sitting by and watching America implode, in the misguided hope of winning the midterms.
  7. moyo34_Spencer PlattGetty Images_NYSE Spencer Platt/Getty Images

    Signs of a US Recession

    Dambisa Moyo catalogues several indicators suggesting that the world's largest economy is headed for a slump.
  8. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images

    Trump’s Trade War

    Less than two months into his second presidency, Donald Trump has imposed sweeping tariffs on America’s three largest trading partners, with much more to come. This strategy not only lacks any credible theoretical foundations; it is putting the US on a path toward irrevocable economic and geopolitical decline.

  9. ruf1_MANAURE QUINTEROAFP via Getty Images_data center Manaure Quintero/AFP via Getty Images

    Why Frugal AI Alone Won’t Fix AI’s Energy Problem

    Boris Ruf explains why shifting the responsibility for reducing AI’s carbon footprint to end users is counterproductive.

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