Like all crises, the 2008 financial crisis was a moment of truth, not least for conventional wisdom about the US economy. Joseph Stiglitz was one of the few economists challenging the status quo long before the crisis erupted. In this selection of commentaries, written exclusively for Project Syndicate, he examines the successes and failures of America's response to the global financial crisis - and offers solutions to the US economy's troubles.
Stiglitz on America
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The Price of Inequality -
To Cure the Economy -
The Ideological Crisis of Western Capitalism -
Alternatives to Austerity Alternatives to Austerity
Dec 6, 2010 argues that the best route to deficit reduction in the US was not budget cuts, but stronger growth.
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Justice for Some -
The Federal Reserve’s Relevance Test