Topic: Joseph Stiglitz
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Downgrade of France's credit rating dashes uplifting week for eurozone
Unexpectedly successful bond auctions for Spain and Italy and additional lending from the European Central Bank generated speculation about a turnaround – until S&P announced it had downgraded France.
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Iraq ledger: War by the numbers
Reckoning the costs of war in Iraq will take years. Using federal government and other sources, analysts at the Center for American Progress have calculated an 'Iraq War Ledger.'
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Cover Story
Occupy Europe: How a generation went from indifferent to indignant
Occupy Europe? From Madrid to Athens, young people facing a bleak future are casting doubt on European identity.
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The New Economy
Iraq war will cost more than World War II
Iraq war, now winding down with US troop exit by December, has cost more than $800 billion so far. But ongoing medical treatment, replacement vehicles, etc., will push costs to $4 trillion or more.
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The Circle Bastiat
Student loan debt: 'Occupy' movement's weakest talking point
The Occupy Wall Street movement is complex and raises many legitimate issues. Student loan debt is not one of them.
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US response to 9/11 contributed to causes of current debt crisis
The costs of military engagement in Afghanistan and Iraq account for well over one-quarter of the increase in US national debt since 2001. Financing wars and defense build-ups in this way is an historical aberration. Americans have typically paid for wars through higher taxes.
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If Strauss-Kahn is out, who might become IMF chief?
Dominique Strauss-Kahn was arrested only two days ago, but the jockeying for his post is under way. Could a non-European win the influential job?
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Is deficit commission wrong? Critics say there's no national debt crisis.
President Obama's deficit commission says the national debt requires urgent action. But economists are split on that basic premise.
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New Afghan war plans could cost US taxpayers an extra $125 billion
At the NATO summit, President Obama's push to soften troop withdrawal deadlines could bring remaining war costs to $413 billion, according to one independent analyst.
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Trade imbalance and 'currency wars' flummox G20 nations
G20 nations are in danger of escalating currency wars, as each strives to give its exports a price advantage on the world market. Anxiety rises as finance ministers meet this week.
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Chapter & Verse
Best political books of 2010
There have been plenty of political titles this year – from the left and the right. But which were best?
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The Daily Reckoning
The summer the recovery went missing
The Fed has used every tool at its disposal, but can't jump-start the stalled economy.
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The Adam Smith Institute Blog
A new economic model from a Nobel Prize winner
Nobel laureate Professor Joseph Stiglitz argues we need a new economic model. Is he tilting at a straw man?
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Prime minister of Greece: 'There is real danger in global austerity'
The prime minister of Greece, George Papandreou, says his country is earning a new credibility after its debt crisis.
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The Daily Reckoning
News flash: Three out of four economists are wrong
Neo-Keynesians, 'inflationistas,' and hardcore deflationists offer conflicting prescriptions for the world economy. Could they all be wrong?
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The Daily Reckoning
Three ways to save the euro that won’t work
Ideas that won't save the euro: decreasing wages, dividing the eurozone, or implementing institutional reforms.
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The Circle Bastiat
Global Debt: A country-by-country look at spending for growth vs. deficit cutting
A look at the wave of debt crises spreading around the globe.
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Global News Blog
Stocks rally on news of possible Greece bailout. What comes next?
Stocks rallied in the US and in Europe on Tuesday on expectations of an emergency European Union bailout for Greece. But Greece, with a ballooning national debt, is not out of the woods yet.
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Bestselling books the week of 2/4/10, according to IndieBound*
What's selling most in independent bookstores across the US.
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Bestselling books, week of 1/21/10, according to IndieBound*
What's selling best in America's independent bookstores
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US economy needs a second stimulus
The last stimulus package didn’t take into account the fiscal problems the recession would create for state and local governments.
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'The End of Poverty?': movie review
Capitalism gets the blame in this talking-heads documentary. But the movie review points out that 'The End of Poverty?' offers few real-world solutions.
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ECONOMIC SCENE: Afghanistan will cost US more than Iraq
Funding for war in Afghanistan will eclipse Iraq for the first time in next year's budget.
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A carbon protection racket
The Waxman-Markey bill's 'international offsets' amount to paying polluting countries not to pollute.
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Geithner recovery plan too cautious?
Some leading economists say bank rescues should come with tougher conditions, and that the industry is short on capital to cover losses.
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