Joseph Stiglitz on Managing the Global Credit Crunch

As part of our effort to pro­vide insight into the ongo­ing cred­it cri­sis, we present a talk just giv­en at Oxford Uni­ver­si­ty by the Nobel Prize win­ning econ­o­mist, Joseph Stiglitz (iTunes — Rss Feed). The author of Glob­al­iza­tion and its Dis­con­tents uses the talk as an oppor­tu­ni­ty to out­line the events that con­tributed to the glob­al cred­it cri­sis, and the future reg­u­la­tions that could get us back on track. The talk runs a good hour, and it takes about 20–25 min­utes for Stiglitz to real­ly focus on the cred­it crunch, and about 45 min­utes before he starts dis­cussing tan­gi­ble solu­tions. Don’t expect any mag­ic bul­lets, any short term solu­tions that will get the cur­rent cri­sis under con­trol. It’s more prag­mat­ic long-term solu­tions that you’ll find here.

Relat­ed Con­tent:

The Finan­cial Cri­sis Explained

Ten Days That Shook The Finan­cial World

This Amer­i­can Life Demys­ti­fies The Cred­it Cri­sis

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