The Great Malaise Drags On – Joe Stiglitz – Social Europe Journal

Cropped picture of Joseph Stiglitz, U.S. econo...

Cropped picture of Joseph Stiglitz, U.S. economist. (Photo credit: Wikipedia)

This is an excellent MUST READ article by Nobel Prize winning economist, Joe Stiglitz, published in SEJ. Check it out!

The Great Malaise Drags On – Social Europe Journal.

Personally, I tend to agree with Stiglitz’s slightly pessimistic outlook. The benefits of renewed growth are going to the few but the poor and middle classes are likely to continue to struggle in the year ahead. Ultimately, there is a weakness in political leadership to address the challenges; this is most marked in Europe, and matters will not be helped by Angela Merkel’s accident.

Any thoughts?

 

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