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Joseph Stiglitz - Problems with GDP as an Economic Barometer

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Complete video at: http://fora.tv/2008/02/05/Jose... Nobel Prize-winning economist Joseph Stiglitz proposes alternatives to Gross Domestic Product (GDP) as a measurement of national economic success. ----- Nobel Prize-winning economist Joseph Stiglitz ("Globalization and Its Discontents") talks about his new concept of economics, "The Economics of Information," and his latest book, "Making Globalization Work" - Asia Society Joseph Stiglitz was chief economist at the World Bank until January 2000. Before that he was the chairman of President Clinton's Council of Economic Advisers. He was awarded the Nobel Prize in economics in 2001. He is currently a finance and economics professor at Columbia University. He is the author of Globalization and Its Discontents and The Roaring Nineties.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: ForaTv

Length: 08:06
Rating: 4.807074
Views: 86525

Tags: economy  economics  congress  bush  green  environment  happiness  workers  income  money  recession  business  inequality  gnp  fora.tv  foratv  fora  tv  

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Video Comments

bkl139 (November 30, 1999 at 12:00 am)
I would like to see a debate between him and and old Milton Freidman.
PrincessTS01 (November 30, 1999 at 12:00 am)
We should change the system world wide.
KAAAching1 (November 30, 1999 at 12:00 am)
I'm not a big Stiglitz fan, but I agree 100% with what he's saying
mastaace604 (November 30, 1999 at 12:00 am)
hahaha "unitek stake"?
wabwab2754 (November 30, 1999 at 12:00 am)
The reason is that China doesn't invest in the Nobel fund. For instance, Japan invests about 1.5 billion yen in the Nobel fund every year.
supersatie (November 30, 1999 at 12:00 am)
you are not alone.. but he makes sense :P
xadam2dudex (November 30, 1999 at 12:00 am)
$300+ billion goes to profits of the insurance companies or 30%
ericfeinberg28 (November 30, 1999 at 12:00 am)
lovin it joe. keep the knowledge coming
nhwapshott (November 30, 1999 at 12:00 am)
My Keynes Hayek: The Clash That Defined Modern Economics is published in October by W.W.Norton. Read an extract at: sites.google.com/site/wapshott­keyneshayek/ Nicholas Wapshott
LogicalFlawDetector (November 30, 1999 at 12:00 am)
Capitalism FTW! Doin it right is what matters...
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