Don’t miss the latest developments in business and finance.

Joseph E Stiglitz

Joseph E Stiglitz

Joseph E Stiglitz

The End of Progress? Trump era raises doubts over US innovation leadership

Although the US has long led the world in advancing basic science and technology, it is hard to see how this can continue under Mr Trump

Updated On: 24 Jan 2025 | 11:47 PM IST

US President-elect Donald Trump is on a collision course with the Budget

Government deficits are the difference between annual revenues and expenditures, and the national debt is the sum of past deficits

Updated On: 10 Jan 2025 | 11:40 PM IST

IMF surcharge burden on distressed countries calls for urgent reform

Surcharges neither ensure repayment nor protect IMF finances. Their main effect is to increase the burden of debt payments precisely when countries can least afford it

Updated On: 21 Sep 2024 | 12:05 AM IST

What a Donald Trump election victory would mean for the US economy

Mr Trump's long track record of refusing to pay vendors and contractors speaks to his character: He is a bully who will use whatever power he has to rob whoever he can

Updated On: 06 Sep 2024 | 10:42 PM IST

There's no debating who would be better for US economy

Assessing a President's management of the economy is always a tricky business, because many developments will have been set in motion by one's predecessors

Updated On: 05 Jul 2024 | 10:40 PM IST

Global elections in the shadow of neoliberalism

While scandals, culture wars, and threats to democracy dominate the headlines, the biggest issues in this super election year ultimately concern economic policies

Updated On: 03 May 2024 | 10:46 PM IST

A big defeat for Big Tech

Tech firms realise that open debate favours consumer data security concerns, so they try to ensure no such debate could ever occur

Updated On: 20 Mar 2024 | 11:00 PM IST

How to enforce climate agreements with trade measures

Future climate-change COPs can focus on other consequential issues, rather than on crafting the right mix of hollow words that everyone can agree on

Updated On: 26 Jan 2024 | 11:28 PM IST

Seizing Russia's frozen assets is the right move

The same principle that applies to individuals committing torts should be applied to nations

Updated On: 05 Jan 2024 | 10:47 PM IST

What pandemic preparedness would look like

Given strong odds that we will face another pandemic, the world is rightly engaged in discussions about how to do better next time. But the latest UN agreement on the issue offers mere platitudes

Updated On: 05 Oct 2023 | 11:54 PM IST

No confidence in the Fed

The Fed, like other independent central banks, jealously guards its credibility

Updated On: 28 Apr 2023 | 12:15 AM IST

Wars aren't won with peacetime economies

Wars inevitably cause shortages and generate windfall gains for some at the expense of others

Updated On: 22 Oct 2022 | 1:00 AM IST

How the US could lose the new cold war

The credibility gap is even wider when it comes to climate change, which disproportionately affects those in the Global South who have the least ability to cope

Updated On: 23 Jun 2022 | 11:25 PM IST

Getting finance onside for climate

The climate crisis demands enormous economic and societal changes

Updated On: 30 Aug 2021 | 10:34 PM IST

Will corporate greed prolong the pandemic?

The Covid vaccines have been developed by scientists from all over the world. It is only proper that the people of the world should reap the benefits

Updated On: 07 May 2021 | 10:35 PM IST

Avoiding a K-shaped global recovery

Political leaders in the developed world must recognise that no one is safe until everyone is safe, and that a healthy global economy is not possible without a strong recovery everywhere

Updated On: 29 Mar 2021 | 10:30 PM IST

An open letter to Biden on international corporate taxation

The negotiating process has, nonetheless, reached agreement that multinationals should be considered unitary businesses

Updated On: 03 Mar 2021 | 2:09 AM IST

How Biden can restore multilateralism

The world needs more than Trump's narrow transactional approach; so does the US

Updated On: 02 Jan 2021 | 2:24 AM IST

The Republican threat to the republic

Without an overwhelming victory for Democrats at all levels, Republican minority rule will be locked in indefinitely

Updated On: 08 Oct 2020 | 2:15 AM IST

How to prevent the looming debt crisis

A global sovereign debt crisis today would push millions into unemployment and fuel violence around the world

Updated On: 13 Aug 2020 | 1:03 AM IST