Tag Archives: Joseph E. Stiglitz

As the maladies of modern capitalism have multiplied, fundamental questions about the future of the world’s dominant economic model have become impossible to ignore. But in the absence of viable alternatives, the question is how to reform a system that is increasingly at odds with democracy. James K. Galbraith looks at three recent books on the crisis in capitalism:Joseph E. Stiglitz, People, Power, and Profits: Progressive Capitalism for an Age of Discontent, W.W. Norton, New York; Allen...

Includes Stiglitz quote, "there is no invisible hand."Lars P. Syll’s BlogRational expectations — the triumph of ideology over science Lars P. Syll | Professor, Malmo University