Joseph E Stiglitz

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

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

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

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

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

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

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

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

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

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

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

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

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

The climate crisis demands enormous economic and societal changes

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

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

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

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

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

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