The euro and its discontents

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The euro and its discontents

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Assessing Obama’s legacy

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The catastrophic incompetence of Citigroup

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By Joseph Stiglitz, adapted from a white paper published in May by the Roosevelt Institute, where he is chief economist. Stiglitz received the 2001 Nobel Prize in Economics.

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The euro and its discontents

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September 15 will mark five years since the beginning of the economic slump that defines the world we live in. Disaster was in the air already by that day in…

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It’s rare, in economics as in life, to get a second chance. Though economists are constantly learning lessons from past mistakes, seldom are there obvious opportunities to apply them. The…

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It’s dangerous to express optimism about the economy these days. Europe’s financial markets remain fragile. China, which supports much of the world’s economy through imports, is too dependent on highly…

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