In his appearance at the Sydney Opera House, Nobel Laureate (Economics) Joseph Stiglitz gives a talk entitled, ‘Why economics matters: Looking at Global Challenges through an economic lens’.
One of the world’s best-known economists, Stiglitz is the former Chief Economist of the World Bank and former Chair of Bill Clinton’s Council of Economic Advisors. A Professor at Columbia University in New York and Chair of Columbia University’s Committee on Global Thought, Stiglitz has helped create a new branch of economics, ‘The Economics of Information’, which has become a standard tool of both theorists and policy analysts. This public forum is co-hosted by the Economic Society of Australia, the Australia Institute and Catalyst.

Published on Oct 24, 2013

Category: Economy, Really, really bad calls, Video

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2 Responses to “Stiglitz: Why Economics Matters”

  1. StatArb says:

    This was an excellent dialogue , really enjoyed it

    ( also find it strange how the comment section on this entry is empty , yet the political-biased entries devolve into the typical attacks — too bad )

  2. thenoz says:

    This was time that I will never get back but I have listened to him once before. All known questions and no proposed solutions. I agree the stimulus was poorly designed (remember Obama said the shovel ready projects weren’t so shovel ready) but when he says it was too small, apparently he forgot to include QE. In terms of regulation, he forgets that there were regulations but the TBTF banks were exempted. ( Can anyone say regulatory capture?) I am not going to get political yet I note that the heads of the TBTF banks were all Democrats. Humbly submitted.