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Opinions
Opinion of Joseph E. Stiglitz approved11:51 AM
The U.S. dollar should not be the world's reserve currency.

"The dollar reserve system is part of the problem."
Opinion of Joseph E. Stiglitz approved2:07 PM
Governments should nationalize insolvent banks in response to the financial crisis.

Nationalization is the only answer. These banks are effectively bankrupt.
Opinion of Joseph E. Stiglitz approved5:46 PM
Public investment should have a higher priority than tax cuts in Barack Obama's stimulus package.

A focus should also be placed on investing in education and technology and infrastructure development.
Opinion of Joseph E. Stiglitz approved11:04 AM
Opinion of Joseph E. Stiglitz approved10:46 AM
There should be an international central bank.

Stiglitz emphasizes what's needed now is a new global reserve currency
Opinion of Joseph E. Stiglitz approved2:10 PM
Financial Institutions are most responsible for the current financial crisis.

"America's financial system failed in its two crucial responsibilities: managing risk and allocating capital."
Opinion of Joseph E. Stiglitz approved2:11 PM
The U.S. is undergoing the worst financial crisis since the Great Depression.

"Without a doubt the worst that we've had since the Great Depression."
Opinion of Joseph E. Stiglitz approved1:23 PM
The U.S. economy will go into recession in 2008.

The American economy is headed into a long recession.
Opinion of Joseph E. Stiglitz approved1:03 PM
Free trade is not necessary for economic development.

Free trade has made both the developed (by reducing effective income) and developing nations worse off
Opinion of Joseph E. Stiglitz approved2:25 PM
The U.S. should end agricultural subsidies.

Agricultural subsidies contribute to poverty abroad
Unverified
Opinion of Joseph E. Stiglitz6:45 PM
Posted by
vizinertia

unverified

The government should allow large banks to fail.
Let banks fail, says Nobel economist Joseph Stiglitz The Government should allow every distressed bank to go bankrupt and set up a fresh banking sy...
Opinion of Joseph E. Stiglitz11:14 AM
Posted by
brianr

unverified

The U.S. recession will last throughout 2009.
Just after returning to New York from Japan, Britain, and economically devastated Iceland, Stiglitz paints a picture of a U.S. economy that has stanch...
Opinion of Joseph E. Stiglitz approved10:46 AM
There should be an international central bank.

Stiglitz emphasizes what's needed now is a new global reserve currency
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Should corporations pay heavier taxes on windfall profits?
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Should Lehman Brothers have been bailed out by the federal government?
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Should organic farmers receive additional federal subsidies?
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Is capitalism the most effective economic system?
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Will the financial crisis lead to another economic depression?
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Should the government provide financial assistance to homeowners facing foreclosure?
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