Sunday, 7 October 2012

Joseph Stiglitz's views on austerity


Joseph Stiglitz - former Nobel Prize winner in Economics, Chief Economist of the World Bank is a neo-Keynesian econonomist who believes that we should be spending our way out of recession.

In 2012, Stiglitz described the European austerity plans as a "suicide-pact."

wikipedia profile - http://en.wikipedia.org/wiki/Joseph_Stiglitz