Joseph E. Stiglitz: An Economist in Freefall
In this week’s Acton Commentary, I review a new book by economist Joseph E. Stiglitz, Freefall: America, Free Markets, and the Sinking of the World Economy. Text follows: A rare growth industry following the 2008 financial crisis has been financial mentaries. An apparently endless stream of books and articles from assorted pundits and scholars continues to explain what went wrong and how to fix our present problems. In this context, it was almost inevitable that one Joseph E. Stiglitz would...