This week on Here’s the Thing, Alec talks about the financial crisis with Joseph Stiglitz, a Nobel Prize-winning economist. Stiglitz shows no restraint when unleashing criticism of presidential policies — on both sides. Of President Barack Obama’s financial-industry rescue plan, Stiglitz said that whomever designed it was “either in the pocket of the banks or … incompetent.” Stiglitz talks to Alec about growing up in Gary, Indiana and how that impacted his decision to become an economist.

Joseph Stiglitz

Monday, May 07, 2012

Category: Video

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3 Responses to “Here’s The Thing: Joseph Stiglitz”

  1. emaij says:

    A rare voice of reason and integrity in the highest echelons of prominent US economists. Why are Stiglitz and Simon Johnson able to be so honest and principled when the rest of their profession is largely compromised?

  2. Moss says:

    Since everything is politicized, or ideologically defined, rational thinkers like Stiglitz are labeled. How could anyone on the right ever support his ideas when he tells the truth about Reaganomics?

    Reagan had many good qualities, just like Clinton but they each had flaws in their policies as we now know. Knowing and understanding are not mutually inclusive.

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