Capitalist Fools-writes Joseph Stiglitz


Nobel laureate Joseph Stiglitz writes on the economic firestorm that has engulfed us:-

Vanity Fair -January 2009

Vanity Fair -January 2009

Behind the debate over remaking U.S. financial policy will be a debate over who’s to blame. It’s crucial to get the history right, writes a Nobel-laureate economist, identifying five key mistakes—under Reagan, Clinton, and Bush II—and one national delusion.

I found the article most informative. There are some useful lessons on governance which can be gleaned from the article.

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