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JOSEPH E STIGLITZ
India’s top 1% grew wealth share by 62% between 2000 and 2023, says G20 inequality reportIndia's wealthiest 1% saw their wealth share surge by 62% from 2000 to 2023. This trend mirrors global patterns where wealth concentration ...- Economists, Get Your Cookbooks Out!We suggest a few economists pick up the ladle with one hand and a pen with the other and leave their mark in the gastronomic field. Jean Dr...
- India must focus on growth, not worry about inflation: Joseph E StiglitzStiglitz insisted that excessive focus on taming inflation would hurt growth, and lead to higher unemployment levels, and lead to more ineq...
- Behavioural economists can tell you what you should wantFor much of the past several decades, mainstream economics operated on the ambitious assumption that humans as a whole were perfectly ratio...
- Piketty's book attests to growing concern about rising inequality: Joseph StiglitzPiketty also sheds new light on the 'reforms' sold by Ronald Reagan and Margaret Thatcher in the 1980s as growth enhancers from which all w...
- Federal Reserve's $4 trillion rescue helps hedge fundsBernanke’s efforts to energise US economy since 2008 have been credited with rousing the housing market from a sixyear funk.
- Monetary policy has proven ineffective in US and Europe, need for fiscal stimulus: Joseph E StiglitzWith so much underutilised productive capacity today, and with immediate economic prospects so dismal, the risk of serious inflation is min...
- Natural resources: A blessing or a curse for nations?New discoveries of natural resources in several African nations raise a vital question: Will these windfalls be a blessing or a political a...
- Guess what Mark Zuckerberg pays for his home loan: 1.05%The Facebook founder refinanced a $5.95-million mortgage on his Palo Alto, California, home with a 30-year adjustable-rate loan starting at...
- Eurozone crisis: Euro receives another last-minute stay of executionLike an inmate on death row, the euro has received another last-minute stay of execution. The markets are celebrating.
- US dream a myth! The price Americans pay for growing inequalityAmerica has become a country not 'with justice for all', but rather with favouritism for the rich and justice for those who can afford it, ...
- Perils of 2012: Addressing long-term problems will help solve short-term ones, says Joseph E StiglitzAddressing long-term problems such as global warming and income inequality will help solve short-term ones Joseph E Stiglitz, The author is...
- European Union leaders only seem capable of lamenting past mistakesEurope's political leaders, for all their commitment to the euro's survival, do not have a good grasp of what is required to make the singl...
- Rate-hike strategy to fight inflation may backfire: Joseph StiglitzIndia should adopt more innovative ways, such as tightening reserve requirements, to tackle inflation instead of resorting to frequent rate...
- Stiglitz has a point: Invest in educationNobel laureate Joseph E Stiglitz has rightly advised India to create a learning society for sustained and inclusive growth.
- Sustainable growth only possible with policies designed for innovation: Joseph E StiglitzIndia, which is the fastest growing economy after China, will be able to sustain the growth momentum only if policies are designed to foste...
- US economy still struggling?Like the different sets of data, experts too seem to be divided over the state of the US economy and the recovery or lack of it.
- US faces ‘anaemic recovery’, says StiglitzEconomist Joseph E Stiglitz said US economy faces an anaemic recovery and govt will need to enact another round of 'better' stimulus measur...
- No time for trade war between US and China: Joseph E StiglitzPushing China into revaluing its currency risks toppling the global recovery from its stabilising axis. Instead, Washington should face the...
- UN calls for new 'Bretton Woods' financial rulesDiplomats and economists urged world powers to update global financial rules that helped nations cope with problems that followed World War...
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