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STIGLITZ: Global Crisis - Made in America

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Financial markets are supposed to be a means to an end -- a more prosperous and stable economy as a result of good allocation of resources and better management of risk. But instead, financial markets didn't manage risk, they created it. They didn't enable America's families to manage the risk of volatile interest rates, and now millions are losing their homes. Furthermore, they misallocated hundreds of billions of dollars.

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pure status quo drivel by Jim Eldon on Friday, Nov 14, 2008 at 12:44:35 PM
Are we trapped? by TomK on Friday, Nov 14, 2008 at 2:27:37 PM
you debate Klein & Stiglitz by Rady Ananda on Friday, Nov 14, 2008 at 4:27:42 PM
hmmm... by Jim Eldon on Friday, Nov 14, 2008 at 4:48:54 PM
Stiglitz is persuasive by Laudyms on Friday, Nov 14, 2008 at 3:32:22 PM
its all so, by amicus curiae on Wednesday, Apr 15, 2009 at 10:58:28 AM