Friday, April 17, 2009

Stiglitz Says Ties to Wall Street Doom Bank Rescue

This article by Dr. Stiglitz is a "must" read. He won the Nobel in 2001 for showing that markets are inefficient when all parties in a transaction don’t have equal access to critical information, which is most of the time. His work is cited in more economic papers than that of any of his peers, according to a February 2009 ranking by "Research Papers in Economics," an international database.

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