“China, with its large emerging middle class, is among the big benefici...” — Joseph Stiglitz Quote

China, with its large emerging middle class, is among the big beneficiaries of globalization.

The reality is that what we did in 2010 with the Dodd-Frank wasn't enough.

There is a broad consensus, not only in the United States but in most of the world, that if you are in an economic downturn, you need to stimulate. Germany seems to be an exception.

The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits.

Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation.

Plutocrats were the chief beneficiaries of so-called neoliberalism and the suite of political changes it brought beginning in the late 1970s - deregulation, weaker protection for unions, the shareholder value movement, and the subsequent inflation of executive compensation.

In 2005, Republicans passed a 360-page reconciliation bill without a single Democratic vote that provided deep cuts to Medicaid and raised premiums on Medicare beneficiaries.

Children are the beneficiaries - and also the victims - of the theater of various moments.

Ted Kennedy devoted his lifetime to protecting those most in need, and tens of millions of Americans have been the beneficiaries.