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

More Info

Tags Help
Subjects: Politics, Business
Topics: Money and Politics, Finance, Corruption
Stats Help
# Diggs: 1 (as of 2012-07-07)
# Tweets: 11 (as of 2012-07-07)
Editorial Help
Posted by: Posted by Dwight Rousu - Jul 7, 2012 - 11:57 PM PDT
Reviewed by: Dwight Rousu (review), Sirajul Islam (review), Randy Morrow (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Dwight Rousu - Jul 8, 2012 - 12:03 AM PDT

Reviews

Show All Comments
Show All | Notes | Comments | Quotes | Links
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 Full Review » (17 answers)
Randy Morrow
4.0
 by Randy Morrow - Jul. 9, 2012

For every meeting that the government has with business leaders, it [should] have to have a meeting with the labour groups and the representatives of civil society and with ... More »

See Full Review » (11 answers)
Dwight Rousu
4.5
 by Dwight Rousu - Jul. 8, 2012
Dwight posted this story.
See Full Review » (9 answers)

Comments on this story Help (BETA)

Sort by: Oldest | Newest Hide All Replies
NT Rating | My Rating

Ratings

4.2

Good
from 3 reviews (39% confidence)
Quality
4.3
Facts
4.0
Fairness
4.0
Information
4.3
Insight
4.3
Style
3.7
Accuracy
4.0
Balance
4.0
Context
4.3
Depth
4.0
Enterprise
4.0
Expertise
5.0
Originality
4.3
Relevance
4.7
Transparency
3.0
Responsibility
4.7
Popularity
3.7
Recommendation
3.5
Credibility
4.0
# Reviews
1.5
# Views
5.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

No links yet. Please review this story to add some!