3 books about global economy you should read
If you haven´t read anything yet by Joseph E. Stiglitz, you really should. Here is what the buzz currently looks like:
About “Freefall: America, Free Markets, and the Sinking of the World Economy”.
Amazon: Written by a Nobel Prize recipient, a graduate of President Bill Clinton’s Council of Economic Advisors, and a stout advocate of Keynesian economics… Stiglitz is the world’s leading scholarly expert on market failure, and this crisis vindicates his life’s work. There have been other broad-spectrum books on the genesis and dynamics of the collapse, but Freefall is the most comprehensive to date, grounded in both theory and factual detail…. the definitive critique to date of how the Summers-Geithner strategy fails, both as economics and as politics…. The tone of this book is good-humored and public-minded.
About “Globalization and Its Discontents” – with 113 good Amazon reviews.
Publishers Weekly: As Stiglitz authoritatively indicates, one-size-fits-all economic policies can damage rather than help countries with unique financial, governmental and social institutions. He calls for public institutions to reform and become more transparent and responsive to their constituents. Stiglitz shares inside information from cabinet meetings when he served on Clinton’s Council of Economic Advisers and from his years as chief economist at the World Bank, divulging debates in Washington’s conference rooms, naming names and raising his eyebrows at those who refuse to question certain IMF policies’ repeated shortcomings.
About:”The Stiglitz Report: Reforming the International Monetary and Financial Systems in the Wake of the Global Crisis”.
The Author: Joseph Stiglitz is a professor of Economics at Columbia University and the recipient of the John Bates Clark Medal and a Nobel Prize. He is also the former Senior Vice President and Chief Economist of the World Bank.
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June 21st, 2010 at 5:29 am
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