Joseph Stiglitz

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A Nobel prizewinner in economics whose work focuses on income distribution, asset risk management, corporate governance, and international trade.

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After Neoliberalism [More...]
"The neoliberal experiment – lower taxes on the rich, deregulation of labor and product markets, financialization, and globalization – has been a spectacular failure. Growth is lower than it was in the quarter-century after World War II, and most of it has accrued to the very top of the income scale."
Ebola and Inequality [More...]
"How countries structure their health-care system -- and their society -- makes a huge difference in terms of outcomes. America and the world pay a high price for excessive reliance on market forces and an insufficient attention to broader values, including equality and social justice."
How Intellectual Property Reinforces Inequality [More...]
"Economic power often speaks louder, though, than moral values; and in the many instances in which American corporate interests prevail in intellectual property rights, our policies help increase inequality abroad. In most countries, it’s much the same as in the United States: the lives of the poor are sacrificed at the altar of corporate profits. "
Inequality Is Not Inevitable [More...]
"Ensuring that those at the top pay their fair share of taxes -- ending the special privileges of speculators, corporations and the rich -- is both pragmatic and fair. We are not embracing a politics of envy if we reverse a politics of greed. Inequality is not just about the top marginal tax rate but also about our children’s access to food and the right to justice for all. If we spent more on education, health and infrastructure, we would strengthen our economy, now and in the future."
Intellectual Property for the Twenty-First-Century Economy [More...]
The IP standards advanced countries favor typically are designed not to maximize innovation and scientific progress, but to maximize the profits of big pharmaceutical companies and others able to sway trade negotiations.
Mismeasuring Our Lives: Why GDP Doesn't Add Up (book)
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Of the 1%, by the 1%, for the 1% [More...]
Nobelist Joseph Stiglitz describes where our inequality comes from, how bad it is, and the likely consequences.
On the Wrong Side of Globalization [More...]
Trade agreements like the Trans-Pacific Partnership would make our problems worse. "Huge multinational corporations complain that inconsistent regulations make business costly. But most of the regulations, even if they are imperfect, are there for a reason: to protect workers, consumers, the economy and the environment."
Progressive Capitalism Is Not an Oxymoron [More...]
"As an economist, I am always asked: Can we afford to provide this middle-class life for most, let alone all, Americans? Somehow, we did when we were a much poorer country in the years after World War II."
Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity (book)
How the current economic system privileges the upper class (which libertarians support, though they claim not to), and how to reform it to foster the middle class with recommendations that libertarians oppose.
The End of Neoliberalism and the Rebirth of History [More...]
For 40 years, elites in rich and poor countries alike promised that neoliberal policies would lead to faster economic growth, and that the benefits would trickle down so that everyone, including the poorest, would be better off. Now that the evidence is in, is it any wonder that trust in elites and confidence in democracy have plummeted?
The Price of Inequality: How Today's Divided Society Endangers Our Future (book)
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Why Inequality Matters and What Can Be Done About It [More...]
Inequality is not "natural", nor is it "just deserts": it is in large part a result of policy, which we can change. Economic inequality is harmful to democracy, because it causes political inequality.

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