Showing posts with label Joseph Stiglitz. Show all posts
Showing posts with label Joseph Stiglitz. Show all posts

Wednesday, March 8, 2017

Joseph Stiglitz: Investments in Politics Pay Off Very Well for The Corporations

Joseph Stiglitz: The Corporations Have No Citizenship and Pay No Taxes








 How is it possible that corporations are able to avoid paying taxes? What does that say about the civic responsibility of these companies? Joseph E. Stiglitz, former Chief Economist of the World Bank and founder of the Initiative for Policy Dialogue, has some clear words about what's wrong in economics and politics today.Professor Stiglitz discusses the developed world's management of the global financial crisis and growing inequality with ANU PhD candidate Belinda Thompson. He focuses on the importance of education and the value of income contingent loans.

Professor Stiglitz is widely recognised as one of the world's leading and influential economists. He is University Professor at Columbia University in New York, having previously taught at Oxford, Yale, MIT, Stanford, and Princeton.

In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information, and he was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize.

In 2011, Time named Professor Stiglitz one of the 100 most influential people in the world. He is now serving as President of the International Economic Association.

Belinda Thompson is a PhD candidate with the Menzies Centre for Health Policy at ANU. Belinda holds a BA with 1st Class Honours and a Master of Arts from Deakin University. She was recently successful in obtaining an Australian Postgraduate Award.

Belinda is a communications specialist who has worked with several health-related NGOs. Her specific interest in hospitals developed while she was Director of Corporate Affairs for the Hospital of Hope Timor-Leste. She has worked in Thailand and Bangladesh with The Alliance for Safe Children and was the National Communications Manager for the Royal Life Saving Society Australia.

Her thesis will explore the operation of non-government, not-for-profit hospitals and large-scale clinics in developing countries. Her aim is that this research will have a tangible, practical impact on this area of health policy. This aligns with the Menzies Centre for Health Policy vision that Australia and our neighbouring regions have health policies and systems that aim to deliver safe, high quality health care that is sustainable in the long term.













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Tuesday, October 27, 2015

Joseph Stiglitz on "Rewriting the Rules of the American Economy"


Democracynow.org - As presidential candidates spar over economic policies and Congress debates the TPP, one of the nation’s leading economists is calling for a comprehensive overhaul of the U.S. economy. Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz has just published a new book called "Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity."











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Friday, October 16, 2015

Joseph Stiglitz Confirms that Multinationals Hardly Pay Taxes

 Economist and professor Joseph Stiglitz in a recent interview about the G20 summit confirmed to a reporter that the large multinational corporations barely pay any taxes and find ways through every tax loophole.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Wednesday, April 22, 2015

Joseph Stiglitz : The Great Divide Growing Wider


'Great Divide' Growing Wider as Inequality Rises Says Joseph Stiglitz






America has more inequality than any of the other advanced countries and it's only getting worse, said Joseph Stiglitz, author of 'The Great Divide' and Nobel Prize winning economist. Stiglitz added that America also excels at inequality when it comes to opportunity. He said the shift started during the Reagan administration with introduction of supply side economics and increasing deregulation. Stiglitz said the opening of China and technology gains also played a role in the dislocation of the American middle class, yet globalization has failed to make the nation wealthier and raise the middle class. Finally, Stiglitz said the best ways to narrow the 'Great Divide' is through education, a change in tax policies and stricter anti-trust laws.


The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Thursday, July 17, 2014

Joseph Stiglitz Hails New BRICS Bank Challenging U.S.-Dominated World Bank & IMF





A group of five countries have launched their own development bank to challenge the U.S.-dominated World Bank and International Monetary Fund. Leaders from the so-called BRICS countries -- Brazil, Russia, India, China and South Africa -- unveiled the New Development Bank at a summit in the Brazilian city of Fortaleza. The bank will be headquartered in Shanghai. Together, BRICS countries account for 25 percent of global GDP and 40 percent of the world's population. To discuss this development, we are joined by Nobel Prize-winning economist Joseph Stiglitz, a professor at Columbia University and the World Bank's former chief economist. "It's very important in many ways," Stiglitz says of the New Development Bank's founding. "This is adding to the flow of money that will go to finance infrastructure, adaptation to climate change -- all the needs that are so evident in the poorest countries. It [also] reflects a fundamental change in global economic and political power. The BRICS countries today are richer than the advanced countries were when the World Bank and the IMF were founded. We're in a different world -- but the old institutions haven't kept up."

Friday, June 6, 2014

Stiglitz -- END CORPORATE WELFARE NOW

END CORPORATE WELFARE , How Tax Reform Can Save the Middle Class , At the very least, for the cheaters anyway. Economist Joseph E. Stiglitz says corporate tax abuse has helped make America unequal and undemocratic.The Nobel Prize-winning economist on why America's future prosperity depends on tax reform today.
Stiglitz should campaign for President.  He's about the only one who has the understanding, experience and contacts and can talk the talk to the financial community to get some fixes done.  We can go back and forth with ignoramuses like Bushs and Clintons ... while meaningless time wasting arbuments lead us all off the track.  





The top 0.1% have had it in for this country ever since the workers fought for unions and benefits.  They had the long range plan of dropping the American worker to their knees.  I heard this decades ago when they said when prices are too high in America this was all going to move overseas.  Other countries protect their integrity and citizens, America just protects money, money that comes from anywhere and seeks to do anything.  Money can be much more dangerous than bombs and weapons, yet somehow we continue to do nothing and to deny we have any problems, because the only people who get to talk or who get to be taken seriously are the 0.1%.

The only way to seriously take these people down and prevent this now and from happening in the future is to tax them severely, but at this point they may just go overseas and declare virtual war on America if the people ever had such an awakening.  This never would have happened either if the people were not so stupid, and we can blame our schools for that, and mind rotting TV.


Saturday, November 9, 2013

Joseph Stiglitz on Global Poverty and the World Bank Financial Services Committee (2007)

Stiglitz was born in Gary, Indiana, to Jewish parents, Charlotte (née Fishman) and Nathaniel D. Stiglitz. From 1960 to 1963, he studied at Amherst College, where he was a highly active member of the debate team and president of the student government. He went to the Massachusetts Institute of Technology (MIT) for his fourth year as an undergraduate, where he later pursued graduate work. His undergraduate degree was awarded from Amherst College. From 1965 to 1966, he moved to the University of Chicago to do research under Hirofumi Uzawa who had received an NSF grant. He studied for his PhD from MIT from 1966 to 1967, during which time he also held an MIT assistant professorship. Stiglitz stated that the particular style of MIT economics suited him well -- simple and concrete models, directed at answering important and relevant questions. From 1966 to 1970 he was a research fellow at Cambridge University: he arrived at Fitzwilliam College as a Fulbright Scholar in 1965 and then won a Tapp Junior Research Fellowship at Gonville and Caius College. In subsequent years, he held academic positions at Yale, Stanford, Duke, Oxford, and Princeton. Stiglitz is now a professor at Columbia University, with appointments at the Business School, the Department of Economics and the School of International and Public Affairs (SIPA), and is editor of The Economists' Voice journal with J. Bradford DeLong and Aaron Edlin. He also gives classes for a double-degree program between Sciences Po Paris and École Polytechnique in 'Economics and Public Policy'. He has chaired The Brooks World Poverty Institute at the University of Manchester since 2005.[16][17] Stiglitz is a New-Keynesian economist.

Joseph Sitglitz

In addition to making numerous influential contributions to microeconomics, Stiglitz has played a number of policy roles. He served in the Clinton administration as the chair of the President's Council of Economic Advisors (1995 -- 1997). At the World Bank, he served as senior vice-president and chief economist (1997 -- 2000), in the time when unprecedented protest against international economic organizations started, most prominently with the Seattle WTO meeting of 1999. He was fired by the World Bank for expressing dissent with its policies.[20] He was a lead author for the Intergovernmental Panel on Climate Change, which received the Nobel Peace Prize in 2007.

Blog Archive

“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
UNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux


“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN

Taxation is legalized Theft
UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


Po
litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow


When People lose everything and have nothing left to lose , They Lose It !

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
UNKNOWN


No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN

Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck

"Tyranny will Come to Your Door in a Uniform "
Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "

Ronald Reagan


"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

Education is what you learn after you leave School
Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki


"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "
UNKNOWN

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki ‏

"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford

What You Own Owns You
UNKNOWN

If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” -
Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World
UNKNOWN

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN