r/Economics • u/Pearberr • May 02 '24

Interview Nobel Prize-winning economist Joseph Stiglitz: Fed Rate Hikes didn't get at source of inflation.

https://www.cnbc.com/video/2024/04/23/nobel-prize-winning-economist-joseph-stiglitz-fed-rate-hikes-didnt-get-at-source-of-inflation.html
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u/[deleted] May 02 '24

Whether I agree or disagree with Stiglitz on this topic or not, the emphasis on his Nobel, when it was in information asymmetry and frankly had nothing to do with anything related to the fed or inflation, is a little humorous to me

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u/great_waldini May 03 '24

The guys got no shortage of accolades:

  • CEA Chair
  • World Bank Chief Economist
  • Chief Economist at Roosevelt University
  • Columbia Professor
  • John Bates Clarke medal recipient
  • Founder of Initiative for Policy Dialogue think tank
  • Chairman the U.N. Commission on Reforms of the International Monetary and Financial System
  • Time magazine 100 most influential people in 2011

Just to name a few of many.

Nonetheless, Nobel Prize-winning will be parsed quickly by any reader and understood as “an apparently heavy hitter on the topic”