Columbia University Professor and world renowned economist Joseph Stiglitz will be speaking today at a New America Foundation/Economic Growth Program public policy forum about his new book, Freefall: America, Free Markets, and the Sinking of the World Economy.
Stiglitz is one of those economists, along with Nouriel Roubini and others, who warned of the dangers that “too big to fail” banks, enormous trade imbalances, and lax financial regulation pose and predicted the financial crisis of 2008 and the subsequent economic recession.
In his new book, Stiglitz is very critical of what he refers to as the Obama administration’s “reshuffling of the chairs on the Titanic” approach to our present economic situation, and offers a vision of a more sustainable and equitable American political economy going forward.
Today’s event will run from 12:15 pm – 1:45 pm and will STREAM LIVE here at The Washington Note.
— Ben Katcher