Joseph Stiglitz: 'Jail the Bankers'

readersupportednews.org, The Independent by Ben Chu | Jul. 7, 2012 (Interview)
Joseph Stiglitz is convinced that jailing bankers is the best way to curb market abuses.

A towering genius of economics, Stiglitz wrote a series of papers in the 1970s and 1980s explaining how when some individuals have access to privileged knowledge that others don't, free markets yield bad outcomes for wider society. That insight (known as the theory of "asymmetric information") won Stiglitz the Nobel Prize for economics in 2001. Full Story »

Posted by Dwight Rousu

See All Reviews »

View

Review

Sirajul Islam
4.2
 by Sirajul Islam - Jul. 8, 2012

An all-encompassing opinion piece by Ben Chu at The Independent based on a lengthy interview of prof. Stiglitz on the The Barclays recent Libor scandal. It's important to note that though the world gives prof Stiglitz Nobel Prize for his insight (known as the theory of "asymmetric information") in 2001, it refuses to honour his wisdom in the real terms. The story has exposed that which is highly informative and shows context.

See All Reviews »

Sirajul's Rating

Overall
4.2

Good
from 17 answers
Quality
4.2
Facts
4.0
Fairness
4.0
Information
5.0
Insight
4.0
Style
4.0
Accuracy
4.0
Balance
4.0
Context
5.0
Depth
4.0
Enterprise
4.0
Originality
4.0
Relevance
4.0
Transparency
3.0
Responsibility
4.0
Popularity
4.0
Recommendation
4.0
Credibility
4.0
More How our ratings work »