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Scoop.it!
Joseph Stiglitz of Columbia University tells The CORE Project (http://core-econ.org) how the financial crisis of 2008 was a perfect storm of market failure. 
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Scoop.it!
NEW DELHI: The world is still a market for lemons, when it comes to financial regulation, finds Joseph Stiglitz. While the financial crisis of 2008 served to demonstrate that theoretical insights on how and when markets fail, such as yielded by his own research, are terribly important for the practical world, subsequent efforts to repair the regulatory system remain patchy, he says. Prominent advocate of discontent that he is, Stiglitz had a good word to say about very few things. Strangely enough India's National Rural Employment Guarantee Scheme figured in that small set, for its
Scoop.it!
The eurozone may be growing again but, in any meaningful sense, an economy in which most people's incomes are below their pre-2008 levels is still in recessi
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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