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  • joseph stiglitz

    Author Ed Conard Talks Bain Capital, Economics and Obama's Record

    Edward Conard spent 14 years as a partner at Bain Capital, the most scrutinized company in America. But these days, he’s in the news for another reason. As the author of “Unintended Consequences,” Conard has challenged the conventional wisdom about the U.S. economy and outlined ideas that have resulted in … More

    Geithner's Flawed, but not Larcenous, Bailout Plan

    Commenting on Treasury Secretary Timothy Geithner’s latest bank bailout plan, Nobel Prize-winning economist Joseph Stiglitz told Reuters: Quite frankly, this amounts to robbery of the American people. I don’t think it’s going to work because I think there’ll be a lot of anger about putting the losses so much on … More

    The Newest Neo-Hooverites

    So desperate for a government takeover of the U.S. auto industry, some on the left are now stooping to borrowing rhetoric from Vice President Dick Cheney to make their case for the bailout of Detroit’s Big Three. Commenting on Cheney’s warning that “If we don’t do this, [the GOP] will … More

    Stiglitz: 'Chapter 11 Is the Right Road for U.S. Carmakers'

    There is not a ton of common ground between the Heritage Foundation and Neo-Keynsian Joseph Stiglitz. But it appears we do see eye to eye on the auto bailout. Yesterday we explained why Bankruptcy Is the Best Way to Save the Auto Industry. Today Stiglitz writes in the Financial Times: … More

    Morning Bell: Costs and Benefits in Iraq

    Yesterday the Associated Press reported that the last major remnants of Saddam Hussein’s nuclear program had been dismantled in Iraq. This Saturday marked the end of a top secret two-week airlift of 550 metric tons of yellowcake uranium from Baghdad to a Canadian uranium producer. Also removed earlier this year … More

    The Weakest Link

    Earlier this month the New York Times reported: “It is not easy to draw a straight line from the slumping economy to the war in Iraq and a trade deal with Colombia, but Democrats are trying to connect those dots.” The Democrats star witness in linking the economy to Iraq … More