Joseph Stiglitz Writes About How to Save Capitalism

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Joseph Stiglitz, who teaches at Columbia University in New York, was awarded the Nobel Prize in Economics in 2001. Herein, he reviews The Return of the Master, by Robert Skidelsky, a hard back published by Allan Lane in 2009. Skidelsky is a noted biographer of John Maynard Keynes, the best-known and most written-about economist of the 20th century, and Keynes is the "Master" referred to in the title of Skidelsky's book.

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I have a law degree (Stanford, 66') but have never practiced. Instead, from 1967 through 1977, I tried to contribute to the revolution in America. As unsuccessful as everyone else over that decade, in 1978 I went to work for the U.S. Forest (more...)