The DSR Network
The Road to Freedom: A Conversation with Joseph E. Stiglitz
May 29, 2024
Nobel Prize-winning economist Joseph E. Stiglitz discusses his book 'The Road to Freedom' on progressive economics as an alternative to neoliberalism. Topics include dangers of unfettered capitalism, comparisons of economic models in different countries, implications of AI on inequality, and challenges in communicating economic policies
36:24
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Quick takeaways
- Stiglitz advocates for progressive economics as a solution to neo-liberalism's inequality impact.
- Discussion emphasizes the balance between individual freedom and regulatory frameworks for societal well-being.
Deep dives
Paradigm Shift in Economics: Industrial Policy and Monetary Policy Changes
The podcast highlights a paradigm shift in US economics, particularly regarding industrial and monetary policies. The move towards industrial policy signifies a departure from neoliberal principles prevalent in the past. Notable shifts include embracing policies for the green transition and ensuring resilience through strategic economic decisions. Despite ongoing debates, changes in monetary policy post-pandemic reflect a shift away from traditional approaches, impacting key economic indicators like unemployment and inflation.
