Answers are grounded in this paper and cite their sources.
In this forthright and incisive book, Nobel Laureate Joseph E. Stiglitz explains how America exported bad economics, bad policies, and bad behavior to the rest of the world, only to cobble together a haphazard and ineffective response when the markets finally seized up. Stiglitz then outlines a way to restore the balance between markets and government, address the inequalities of the global financial system, and demand more good ideas (and less ideology) from economists.
No takes yet. Share an insight, caveat, or question.
Joseph E. Stiglitz (2010) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: