Pick of the day: The Post-Crisis Crises by Joseph E. Stiglitz – Project Syndicate

Joseph E. Stiglitz

A new blog post on the economy: “As we struggle with today’s crises, we should be asking whether we are responding in ways that exacerbate our long-term problems. The path marked out by the deficit hawks and austerity advocates both weakens the economy today and undermines future prospects. The irony is that, with insufficient aggregate demand the major source of global weakness today, there is an alternative: invest in our future, in ways that help us to address simultaneously the problems of global warming, global inequality and poverty, and the necessity of structural change.”

Read more at http://www.project-syndicate.org/commentary/global-warming–inequality–and-structural-change-by-joseph-e–stiglitz#vctRi17Rs6Fwp0Eq.99 

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