LISTEN: Joseph Stiglitz on global economic instability in the age of Trump - 28 min.
[ http://www.cbc.ca/radio/thesundayeditio ... -1.3985663 ]
February 19, 2017
EXCERPT:
After decades of the so-called Washington Consensus on the primacy of free markets setting the tone and the rules for global economics, Joseph Stiglitz must be shaking his head and thinking "I told you so" a lot. Particularly when he looks at the European Union and its beleaguered currency, the Euro.
Stiglitz is a Nobel Prize-winning economist who teaches at Columbia University. He's a former senior vice-president at the World Bank and was chair of the Council of Economic Advisers under Bill Clinton. His latest book is called The Euro: How a Common Currency Threatens the Future of Europe. [ http://www.goodreads.com/book/show/26530390-the-euro ]