Joseph Stiglitz: Make Markets Be Markets (Roosevelt Institute)

Nobel Laureate and Chief Economist at the Roosevelt Institute, Joseph Stiglitz sets the frame for why we need to make markets be markets.

From the Make Markets Be Markets event at the Time Warner Center, New York, on March 3, 2010.

The views expressed by the speaker do not necessarily reflect the views of the Roosevelt Institute, its officers, or its directors.

Category:

News & Politics

Tags:

• Joseph Stiglitz
• financial reform
• economics
• economic theory
• Adam Smith
• financial crisis
• Roosevelt Institute
• market reform
• Wall St

[davidmaren2000]

stiglitz is a smart man however he is a devout keynsist. he refused to acknowledge that government was to share much of the blame for the sub prime housing crisis. human nature overides everything if you reduce moral hazard which the government did with fannie mae and freddie mac then you diminish risk and encourage malinvestment.

[dempsey981]

i think this man is the market/economics version of Chompski.i mean he  is bright,clear,and very direct,and doesnt appear to obviously be in somebodys employ.he seems interested in real solutions.i wish a guy like this would step up and lead us.this man to me is an extremely clear concise thinker,and is aware of exactly what the problems are.he is courageous enough to talk about the real issues,undiluted and straight.i like this man

[Scientisticsoviet]

It should be noted that competitive markets are not always desirable; I speak of course of situations in which the exist large scale or scope economies that would be sacrificed if competition were to be allowed/pursued as policy..