A cura di @Billy Pilgrim.

In un lungo articolo su City Journal, Gene Epstein ripercorre le contraddizioni e le previsioni sbagliate di Joseph Stiglitz; un economista a cui riconosce un’influenza indiscutibile nel dibattito politico occidentale.

In 2006, Nobel Prize–winning economist Joseph Stiglitz praised the economic policies of Hugo Chávez. The Venezuelan president ran one of the “leftist governments” in Latin America that were unfairly “castigated for being populist,” Stiglitz wrote in Making Globalization Work, published in September of that year.

[…]

Though he has amassed a track record scarred with dubious prognostication and mistaken analysis, Stiglitz remains highly regarded among mainstream media elites, including the New York Times’s Paul Krugman, who calls him “an insanely great economist.” And Stiglitz remains influential in policy circles. In October 2017, he was named cochair of the Commission on Global Economic Transformation, teaming up with NYU professor Michael Spence, one of the economists who shared the Nobel with him in 2001. Though the Obama administration treated him like an outsider, Stiglitz could make a comeback if a Democrat wins the White House in 2020.

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