Add Yahoo as a preferred source to see more of our stories on Google. Nearly a decade after the financial crisis, the eurozone’s jobless rate still hovers around 10%, almost double that of the US. But ...
Joseph Stiglitz has been arguably the world’s most eminent economist for decades. His pathbreaking work on information asymmetries in markets earned him a jointly awarded Nobel Memorial Prize in ...
As Joseph Stiglitz, the Columbia professor and Nobel laureate, touts his new book “The Road to Freedom: Economics and the Good Society,” he has a two-fold message: The American Dream is a myth and ...
U.S. economist Joseph Stiglitz told CNBC that the coronavirus pandemic has highlighted how the economic system isn't working. The former chief economist of the World Bank said he's optimistic that ...
Joseph Stiglitz just dropped a stark verdict on the economy, and he isn’t sugarcoating it. “Uh, not great right now, and the prospects are that it's going to get worse,” he said during a recent CNBC ...
As professor Joseph Stiglitz sees it, AI is not just another technology wave—it’s a force that can erode jobs and hardwire a new era of inequality. That is, unless governments and institutions ...
AI won’t just reshape work and markets, Joseph Stiglitz says it will quietly rot the information those systems depend on. As large language models (LLMs) scrape our sarcastic Reddit comments and loud ...
While Barack Obama was busy yesterday telling Wall Street to shape up, French President Nicolas Sarkozy spent this morning criticizing the entire economic status quo. The key issue in question: how ...
It is not a novel thought that each profession is acutely aware of the problems caused by others but is often unconscious of the problems for which it is responsible. The education system stifles ...
If there’s one thing Joseph Stiglitz wants to say about inequality, it’s that it has been a choice, not an unexpected, unfortunate economic outcome. That’s unnerving, but it also means that citizens ...