We should take the opportunity to remind ourselves what real progress means and rededicate ourselves to its cause.
Joseph Stiglitz is a Nobel laureate and a former chief economist of the World Bank. He’s a leading Keynesian and an opponent of austerity measures. At the same time, he’s highly sceptical of monetary stimulus – in particular, the practice of quantitative easing. As he explains in a piece for Project Syndicate, this puts him […]
Conservatives are supposed to be comfortable with the idea of inequality. After all, we’re not all equally talented and if we don’t allow people to make the most of their talents, then the economy as a whole will suffer. In other words, enforcing equality makes us all poorer. But might there be circumstances in which […]