Stiglitz

Three years ago, the financial crisis spread across the globe, dragging the world into its deepest recession in seven decades. Now, the U.S. recovery is losing momentum, but economists say this time, when America sneezes, the world doesn't have to catch a cold.

Joseph Stiglitz, a Nobel Prize-winning economist, said Europe risks falling back into recession as governments slash spending in a bid to narrow their budget deficits. "Cutting back willy-nilly on high-return investments just to make the picture of the deficit look better is really foolish,"...

Nobel Prize winner Joseph Stiglitz says the U.S. government needs to borrow even more money for additional stimulus, and it needs to do so now. Stiglitz argues that additional spending would pay for itself over time if done prudently.

A year into the G-20 effort to stabilize global financial markets, Nobel Prize-winning economist Joseph Stiglitz is not exactly giving leaders of the world's major economies high marks. In fact, the professor of economics at Columbia University argues that bank problems are bigger now than they...

Columbia University Economics Professor Joseph Stiglitz does not obfuscate, not when it comes to free markets, the global financial crisis, or American capitalism. Stiglitz said Friday on PBS's "Charlie Rose Show" that American capitalism contains a non-conforming component that policy makers...