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Joseph Stiglitz

Stiglitz: 'Germany is Responsible for the Chaos in Greece'

Economy Nobel prize winner Joseph Stiglitz criticized once again the austerity policies imposed on Greece by Germany and the Eurozone, saying that "Germany is responsible for the chaos." In an interview with the German newspaper Tagesspiegel, Stiglitz estimated that Greece's...

American Economist Stiglitz: 'Greece's New Bailout Makes No Sense'

American economist Joseph Stiglitz is convinced that Greece’s third bailout deal will not be helpful for the country. In his article, published by the New York Times, the Nobel laureate explained why he thinks that the measures the Troika is asking...

Nobel Prize Winning Economist Stiglitz Meets With Greek Govt Officials

Former World Bank chief economist and Nobel Prize winner Joseph Stiglitz expressed his serious concerns over the economic rationale behind Greece's rescue agreement during his meetings with Greek government officials in Athens on Friday. He reassured, however, that both he and a...

Stiglitz: Germany Not Showing Solidarity

Former World Bank Chief Economist and Nobel Prize winner Joseph Stiglitz, who had urged Greeks to vote No during the referendum, spoke out against Germany’s strategy toward Greece and Europe in the latest round of negotiations, in an interview...

Top Economists and Academics Urge EU for Agreement with Greece

Eighteen top economists and academics, including two Nobel prize winners in economics, have signed a joint statement, published in The Financial Times, expressing the opinion that the European Union should reach an agreement with Greece. At the same time, the...

Stiglitz: Greece and Spain are "in Depression"

Greece and Spain are in “depression, not recession”, Nobel prize-winning economist Joseph Stiglitz said on Wednesday, blaming tough austerity measures for their downward economic spiral. Stiglitz also maintained that the International Monetary Fund was “a little too optimistic” in its...

Stiglitz: Austerity Wrong Way to Fight Crisis

The European push for fiscal austerity isn’t the solution to ending the region’s sovereign-debt crisis and may instead hurt confidence, Nobel Prize-winning economist Joseph Stiglitz said. “Austerity as the solution is just wrong,” Stiglitz, a Columbia University economics professor,...