Joseph Stiglitz: unsurprising Jeremy Corbyn is a Labour leadership contender | Politics | The Guardian

This is an excellent read from the Guardian, citing Nobel winning economist, Joe Stiglitz speaking candidly in London. Check it out!

Joseph Stiglitz: unsurprising Jeremy Corbyn is a Labour leadership contender | Politics | The Guardian.

I think that Stiglitz is right about the Clintons and Blaire’s Third-Way. Although I’m a conservative and have been all my life, I identify with the anti-austerity lobby. Austerity has been too deep and too prolonged. But it’s the liberals and socialists who have lost their way by not offering credible economic management. Many democracies are witnessing a polarization towards both the hard-left and the hard-right.

Thoughts?

 

Greece’s creditors need a dose of reality – this is no time for European disunion | Business | Joseph Stiglitz – The Guardian

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

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

This article by Nobel prize winning economist, Joseph Stiglitz, published in the Guardian, is a good read. Check it out!

via Greece’s creditors need a dose of reality – this is no time for European disunion | Business | The Guardian.

It looks like liberals are uniting, highlighting how shabbily Greece has been treated by the troika. Ultimately, it will be a take-it-or-leave-it decision for Greece. 

To be far, there have been mistakes on both sides, and the structural weakness of the Eurozone is to blame too.

Once again, it time for cool heads, rather than emotion and hasty decisions.

Thoughts?