Stiglitz

Can the Global Economy Thrive Without the U.S.?

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.

Stiglitz Calls for More Government Spending, Debt

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.