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BIZARRE: 2 | Mind Blowing Facts

Nobel prize winners endorse Harris and warn Trump would endanger future of science

Open letter by 82 laureates commends Harris and calls Trump a potential threat to progress on climate crisis

The Guardian - US

A ‘superficial’ and ‘misguided’ version of freedom has captured the American right. Joseph Stiglitz considers the alternatives

“Freedom is a core human value,” writes Joseph Stiglitz in his new book The Road to Freedom: Economics and the Good Society. “But many of freedom’s advocates seldom ask what the idea really means. Freedom for whom? What happens when one person’s freedom comes at the expense of another’s?”

The Conversation

Is Australia ‘giving away’ its natural resources?

Speaking on ABC’s QA on Monday night, Nobel Prize-winning economist Joseph Stiglitz claimed Australia was “giving away its natural resources”, something he found “mind-boggling”.

The Conversation

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16 Nobel-Prize Economists Say 'Joe Biden's Economic Agenda Is Vastly Superior to Donald Trump'

The Nobel laureates think former President Donald Trump's re-election will reignite inflation and have a destabilising effect on the US economy.

International Business Times UK

16 Nobel Prize-Winning Economists Warn Trump's Second Term Would Fuel Inflation

Experts from Wall Street and economic analysts predict Trump's measures could lead to a resurgence of inflation, which has only recently shown signs of cooling.

International Business Times

Nobel prize economists warn a Trump win will lead to even higher inflation

The former president’s potential economic policies could have the reverse effect many Americans hope for in a presidency

The Independent UK

Stiglitz's The Road to Freedom Under Scrutiny

Joseph Stiglitz thinks redistribution and regulation are the road to freedom—he’s wrong.

Reason

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Nobel laureate Joe Stiglitz on the ‘myth’ of the American Dream, the economic noose hanging around Gen Z’s neck—and what business leaders really think about Donald Trump

The economist says the Columbia-led protests definitely hit home and he still believes in something besides “freedom for the wolves and death for the sheep.”

Fortune

The Road to Freedom by Joseph E Stiglitz review – a vision of progressive capitalism seems too little, too late

The Nobel-winning US economist’s championing of government intervention to nullify neoliberal excesses is ardently expressed but unconvincing

The Guardian - UK

‘I wanted to save the world!’: Grace Blakeley, TikTok’s answer to Tony Benn

The millennial economist talks to Sam Leith about the perils of global capitalism, fighting her corner online and having a ‘midlife crisis’ at 29

The Guardian - UK

Did Central Banks Break Inflation? Some Economists Have Doubts

Central bankers who orchestrated the wave of interest rate hikes over the past two years, hoping to avoid a painful inflationary spiral, are now facing an uncomfortable question: Were their moves helpful?

International Business Times

What happened in the Russia-Ukraine war this week? Catch up with the must-read news and analysis

The soldier who escaped from Azovstal – after it fell to the Russians; the argument for seizing Russian funds

The Guardian - AU

EU-funded report calls for wealth of super-rich to be taxed, not income

Wealthiest 3,000 working on ‘edge of legality’ using shell companies to funnel dividends and own property to avoid income tax, says study

The Guardian - UK

Rich nations, the IMF and World Bank are worried about the Israel-Hamas war, but not nearly enough

Just like the Yom Kippur war 50 years before, the current conflict represents a grave threat to an already fragile global economy

The Guardian - UK

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The Guardian - UK

IMF should give poor countries $300bn a year to fight climate crisis, says Joseph Stiglitz

Developing nations need equivalent of US Inflation Reduction Act, says Nobel prize-winning economist

Reason

Was the Radical Left Correct About the IMF and World Bank?

Alex Gladstein on how "monetary colonialism" has crippled the Third World

Radio France Internationale

SVB collapse proves global financial system needs rethink, says Nobel economist

After Silicon Valley Bank collapsed, shaking world markets, Nobel economics prize winner Joseph Stiglitz says US authorities "did the right thing" by providing federal money to protect deposits. But the economist also says the financial system needs a rethink to properly bring it into the digital era.

Al Jazeera

Why Silicon Valley Bank’s collapse put the spotlight on Trump

The 2018 partial rollback of US’s Dodd-Frank is under renewed scrutiny following the failure of California-based lender.

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The Guardian - UK

Joseph Stiglitz: tax high earners at 70% to tackle widening inequality

Nobel prize-winning economist calls for new top rate of income tax and 2-3% wealth tax on fortunes

Foreign Affairs

After Neoliberalism

All economics is local.

Reuters

International economists ask Biden to release Afghan central bank funds

More than 70 economists and experts, including Nobel Laureate Joseph Stiglitz, called for Washington and other nations to release Afghanistan's central bank assets in a letter sent to U.S. President Joe Biden on Wednesday.

ABC News

In New Zealand wages are growing. Will Australian workers' pay packets get a bump?

There are hints that wages are going up — helping workers meet the cost of soaring inflation for food, fuel and essentials. But you might have to quit your job to get a raise.

The Independent UK

Biden, Republicans spar over impact of Dems' economic plan

Democrats call it the “Inflation Reduction Act.”

The Guardian - UK

After 2008’s financial crisis, life went back to normal. Will it this time?

A few short years after the financial crash, oil, food and flights were affordable again. But this downturn looks much darker

The Guardian - AU

Soaring gas prices help Origin Energy net $1.59bn from Queensland pipeline

Revenue at Australia Pacific LNG doubles in 2021-22, prompting renewed calls for a windfall tax

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