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The almanac

UPI Almanac for Sunday, Feb. 9, 2014.
By United Press International

The almanac

UPI Almanac for Saturday, Feb. 9, 2013.
By United Press International

The almanac

UPI Almanac for Thursday, Feb. 9, 2012.
By United Press International
Smart guys

Smart guys

They are handing Europe's trouble spots over to the technocrats.
ANTHONY HALL, United Press International

Stiglitz says deflation still a risk

NEW YORK, Oct. 20 (UPI) -- U.S. economist Joseph Stiglitz, a Nobel laureate, says the risk of deflation is still a concern, despite signs of an economic recovery.

U.N. panel wants new global reserve system

NEW YORK, Sept. 12 (UPI) -- A United Nations panel says the global economic crisis shows the need for new institutions and replacement of the dollar as reserve currency.

Fed failed twice, says Nobel economist

NEW YORK, Sept. 17 (UPI) -- The financial crisis on Wall Street was aggravated by two federal policy mistakes, a Nobel laureate said.

What Congress should do now about gasoline prices

HASTINGS ON HUDSON, N.Y., June 9 (UPI) -- This is a list of basic actions by Congress that would begin to address the devastating impact on U.S. consumers of the unpredictable surges in oil prices. They also would have a positive impact globally in that America accounted for one-quarter of the world's oil demand in 2007.
NICK MOTTERN, UPI Outside View Commentator
Bush's ideological war

Bush's ideological war

WASHINGTON, April 21 (UPI) -- Commentators seem to have missed one point from U.S. President Bush's recent major speech on Iraq. He identified two enemies that America is fighting in Iraq -- al-Qaida with its ideology of terror, and Iran, the bulwark of Islamic fundamentalism.
GALINA ZEVELEVA, UPI Outside View Commentator

Poll: Iraq war blamed for bad U.S. economy

WASHINGTON, March 19 (UPI) -- Seven of 10 U.S. adults blame the Iraq war for the country's current economic problems, a survey indicated.

Iraq war tab way over 2003 estimates

WASHINGTON, March 19 (UPI) -- The Bush administration put a $60 billion price tag on the war in Iraq in 2003 but, five years on, the Pentagon puts the running tab at about $600 billion.

Oil firms boom on Iraq war

HASTINGS-ON-HUDSON, N.Y., Jan. 28 (UPI) -- As ExxonMobil prepares to celebrate what could be a record profit, company officials and stockholders might want to join in a moment of silence for the more than 1 million war dead in Iraq.
NICK MOTTERN, UPI Outside View Commentator

Analysis: Outsourcing war is good business

WASHINGTON, Sept. 26 (UPI) -- The private armies employed by the United States as auxiliary forces in the war in Iraq have come under criticism following an incident that drew the ire of Iraq’s prime minister, who demanded their immediate withdrawal.
CLAUDE SALHANI, UPI Contributing Editor

Analysis: Bush stuns with Wolfowitz pick

WASHINGTON, March 16 (UPI) -- Paul Wolfowitz's name had been coming up time and time again as a potential head of the World Bank since its current president announced his plans to resign at
SHIHOKO GOTO, UPI Senior Business Correspondent

Mahathir says peg should be reviewed

PUTRAJAYA, Malaysia, Jan. 20 (UPI) -- Malaysia's currency peg against the weak U.S. dollar should be reviewed, former Prime Minister Mahathir Mohamad said Wednesday.
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Wiki

Joseph Eugene Stiglitz (born February 9, 1943) is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is also the former Senior Vice President and Chief Economist of the World Bank. He is known for his critical view of the management of globalization, free-market economists (whom he calls "free market fundamentalists") and some international institutions like the International Monetary Fund and the World Bank. In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. Since 2001, he has been a member of the Columbia faculty, and has held the rank of University Professor since 2003. He also chairs the University of Manchester's Brooks World Poverty Institute and is a member of the Pontifical Academy of Social Sciences. Stiglitz is one of the most frequently cited economists in the world.

Stiglitz was born in Gary, Indiana, to Jewish parents, Charlotte and Nathaniel 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. The particular style of MIT economics suited him well - simple and concrete models, directed at answering important and relevant questions. From 1969 to 1970, he was a Fulbright research fellow at the University of Cambridge. In subsequent years, he held professorships at Yale University, Stanford University, Duke University, Oxford University and Princeton University. 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 Ecole Polytechnique in 'Economics and Public Policy'. As of 2005 he chairs The Brooks World Poverty Institute at the University of Manchester. Stiglitz is generally considered to be a New-Keynesian economist.

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. He was a lead author for the Intergovernmental Panel on Climate Change.

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