Archive for the ‘joseph stiglitz’ tag
Understanding economics: A few basics
About five months ago, I posed myself a few questions, relating to such matters as currency exchange rates, trade deficits, and public debts, in an effort to enhance my understanding of economics. I currently live in Argentina, a country where periodic financial crises have repeatedly thrown the country into disarray and economic depression. [...]
Two books on “market fundamentalism”
Globalization and Its Discontents, by Joseph E. Stiglitz
One Market Under God, by Thomas Frank
Globalization and Its Discontents
Hardcore anti-globalization activists likely greeted the 2002 publication of Joseph Stiglitz’s Globalization and Its Discontents with the sense that a justification of their protests from a mainstream, authoritative source had arrived. After all, Stiglitz is a Nobel Prize-winning economist [...]