Wednesday, February 3, 2010

"Stiglitz: U.S. Economy Will Falter without More Stimulus" in Advisor Perspectives

The U.S. government has botched its handling of the economy, according to Nobel Prize-winning economist Joseph Stiglitz. He explained how the U.S. created the global recession – and how we can get out of it – in a public presentation on his new book, Freefall: America, Free Markets, and the Sinking of the World Economy, at the Brattle Theatre in Cambridge, Mass., on January 25. 

Continue reading my article on Joseph Stiglitz on

By the way, a reader asked "What about the contribution to the financial crisis of the repeal of the Glass-Steagall Act and the activities of politicians who encouraged reckless lending?" Stiglitz agrees that they also contributed. In fact, as a member of the Clinton administration, he fought Glass-Steagall's repeal.
Susan B. Weiner, CFA
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Copyright 2010 by Susan B. Weiner All rights reserved

1 comment:

  1. Thanks for information as a manager i know how informations are helpful thanks again.
    Professional Management Education


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