US Economy Joseph Stiglitz

  • The Eurozone project was flawed from the beginning: Stiglitz

    Nobel Prize-winning economist Joseph Stiglitz talks to CNBC about whether the euro zone can be saved.

  • Italy and Greece are the biggest risks to Europe: Joseph Stiglitz

    Renowned U.S. economist Joseph Stiglitz discusses the big risks to the euro zone and says Greece was given "the wrong medicine" last year.

  • The Apple ruling was fair: Joseph Stiglitz

    Well-known U.S. economist Joseph Stiglitz says the ruling by the European Commission that says Apple has to pay back taxes to Ireland was fair.

  • Joseph Stiglitz shares his views on Donald Trump

    Prize-winning economist Joseph Stiglitz says a Donald Trump presidency would be a "nightmare", but that it is unlikely to happen.

  • Enda Kenny

    Ireland cannot become the "collector general for the world," Irish Prime Minister Enda Kenny tells CNBC.

  • Joseph Stiglitz

    The European Commission’s ruling that Apple should pay Ireland billions of dollars in back taxes was neither punitive nor unfair, one of the world’s best-known economists told CNBC on Thursday.

  • Donald Trump speaks during a press conference with President of Mexico Enrique Pena Nieto (not seen) at Los Pinos presidential residence, in Mexico City, Mexico on August 31, 2016.

    Donald Trump would be a “nightmare” as U.S. president, making relations with other countries “extraordinarily difficult,” Joseph Stiglitz told CNBC.

  • BUENOS AIRES, Aug 5- The committee set up to investigate lack of transparency in Panama's financial system itself lacks transparency, Nobel Prize-winning economist Joseph Stiglitz told Reuters on Friday after resigning from the "Panama Papers" commission. Stiglitz and Swiss anti-corruption expert Mark Pieth joined a seven-member commission tasked with...

  • June 14- It isn't so much that the rent is too high, it is that firms are earning too much of it from political influence and too little from innovation. But in economics Nobelist Robert Shiller's classic example of political rent extraction, when a feudal lord puts a chain across a river to extract a toll he creates no value, only slowing trade and enriching himself.

  • TOKYO, May 20- A group of Japan's ruling lawmakers has urged Prime Minister Shinzo Abe to proceed with a planned sales tax hike next April and compile a supplementary budget to mitigate the impact of the tax on the sluggish economy. They also said the government should compile 10 trillion yen of stimulus measures to improve output gap for this fiscal year and set...

  • TOKYO, May 20- A group of Japan's ruling lawmakers will petition the country's prime minister to proceed with a planned sales tax hike next year and compile a supplementary budget to mitigate the impact of the tax, a source familiar with the matter told Reuters. The proposal marks a reversal in thinking for the policy study group, which is led by a Liberal...

  • TOKYO, April 13- OECD Secretary-General Angel Gurria pressed on Wednesday for the Group of Seven rich countries to coordinate a a fiscal spending boost to bolster global growth. He told Japan's Prime Minister Shinzo Abe that the fiscal spending did not need to be large, but should focus on infrastructure, education and policies that improve productivity,...

  • Characters from the game Candy Crush on the floor of the New York Stock Exchange, in honor of the mobile gaming company King holding its initial public offering at the NYSE on March 26, 2014 in New York City.

    Happy Wednesday. We now return to our regularly scheduled program of spring.

  • Joseph Stiglitz: US needs fiscal stimulus

    Nobel prize winning economist Joseph Stiglitz weighs in on the disappointing US jobs report in an interview with CNBC TV's 18 Latha Venkatesh.

  • George Soros, founder of Soros Fund Management LLC

    "Germany did the minimum that was necessary to preserve the euro... And that is what maintained the crisis conditions," business magnate George Soros said.

  • Oct 24- Nobel Prize-winning economist Joseph Stiglitz chided U.S. President Barack Obama and Republican presidential candidate Mitt Romney for not seriously addressing the troubled U.S. housing market during the recent series of presidential debates.

  • JOHANNESBURG, Oct 9- A South African court on Tuesday ordered the local unit of Wal-Mart to double a planned fund for small suppliers to $23 million, ending more than a year of legal wrangling over its entry into Africa.

  • Joseph Stiglitz

    Under-regulated and over-powerful banks weaken the global economy and lead to higher inequality, Nobel prize-winning economist Joseph Stiglitz told CNBC.

  • Joseph Stiglitz

    Once seen as the land of opportunity, the U.S. today is grappling with rising inequality and a political system that benefits the rich at the expense of others, resulting in lower growth and risking the death of the American dream, according to Nobel prize-winning economist Joseph Stiglitz.