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iserpws's picture
30 August 2022
By iserpws

Joseph Stiglitz wrote in The Atlantic

Professor Joseph Stiglitz wrote in The Atlantic.

Actually, Canceling Student Debt Will Cut Inflation

Biden’s targeted loan forgiveness will help, not harm, the economy.

Read the full article here. 

iserpws's picture
30 August 2022
By iserpws

Jeffrey Sachs quoted in Xinhua News

Professor Jeffrey Sachs was quoted in Xinhua News.

Economic Watch: Hidden consequences of U.S. chips act

"The United States is intent on creating its own supply chains for advanced semiconductors in order to compete with China," Jeffrey Sachs, economics professor at Columbia University, told Xinhua.

Read the full article here. 

iserpws's picture
30 August 2022
By iserpws

Joseph Stiglitz quoted in KY3

Professor Joseph Stiglitz was quoted in KY3

IMF fees on war-torn countries closer to elimination

Economists Joseph Stiglitz at Columbia University and Kevin P. Gallagher at Boston University wrote earlier this year that “forcing excessive repayments lowers the productive potential of the borrowing country, but also harms creditors” and requires borrowers “to pay more at exactly the moment when they are most squeezed from market access in any other form.”

iserpws's picture
30 August 2022
By iserpws

Joseph Stiglitz wrote in Project Syndicate

Professor Joseph Stiglitz wrote in  Project Syndicate 

Why the Inflation Reduction Act Is a Big Deal

iserpws's picture
30 August 2022
By iserpws

Michael Woodford quoted in New York Times

Professor Michael Woodford was quoted in New York Times

This Guy Says the Fed Has Got Everything Precisely Backward

“Even when the private sector holds a lot of government debt, this effect can dominate,”  Dr. Woodford wrote. Also, he wrote, if the government sees it’s shoveling out too much money in interest, it could cut other spending or raise taxes, offsetting the stimulative effect of interest payments.

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