Professor Joseph Stiglitz: Road to Ruin? Financial Instability and the Global Economy

ANU Crawford School of Economics and Government presents the inaugural Crawford School Oration by Professor Joseph Stiglitz. This video was recorded at The Australian National University on 3 August 2010. Professor Joseph Stiglitz is the University Professor at Columbia University in New York and Chair of Columbia University’s Committee on Global Thought. He is also the co-founder and Executive Director of the Initiative for Policy Dialogue at Columbia. He was awarded the 2001 Nobel Prize in economics for his analyses of markets with asymmetric information and was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize. He has held many notable positions, including member and chairman of the Council of Economic Advisers during the Clinton administration and Chief Economist and Senior Vice-President of the World Bank. In 2008 he was asked by French President Nicolas Sarkozy to chair the Commission on the Measurement of Economic Performance and Social Progress and in 2009 was appointed by the President of the United Nations General Assembly as chair of the Commission of Experts on Reform of the International Financial and Monetary System. Professor Stiglitz is recognised around the world as a leading economic educator, and has made major contributions to many economic theories. He helped to create a new branch of economics, “The Economics of Information,” exploring the consequences of information asymmetries

Abraham-Hicks – 20080402 Fort Lauderdale, FL – Ideas create financial worlds Art by Josephine Wall For more information see: www.abraham-hicks.com
Video Rating: 4 / 5

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33 Responses to Professor Joseph Stiglitz: Road to Ruin? Financial Instability and the Global Economy

  1. Doooku says:

    Road to Socialism…the fundamental solution

  2. nickmantas says:

    A long speech, but well worth listening

  3. derman077 says:

    Maybe they should try to make this somewhat interesting. Then maybe people would listen and not fall asleep or go somewhere else.

  4. SuperSithan says:

    A good and deep analysis of the bottomless well in that Americans jumped and for which dragged almost everybody.

  5. delos9539 says:

    The incentives of politicians is what things come down to. Yes banking regulation needs reform but there will undoubtedly be ways to get around it if the incentives of policy makers aren’t changed.

  6. audring says:

    great talk!

  7. psa12 says:

    scroll to 1:23 Listen carefully: If we don’t fundamentally reform banking regulation, major financial crises and bank bail outs will happen again and again. We’ll need to exert massive public pressure for banking reform! Currently politicians are not doing what is necessary because they continue to receive massive party funding from the banking industry. The perverse incentive structures underlying the banking sector need to be addressed.

  8. PrometheanRunGood says:

    Great as always Dr. Stiglitz

  9. CaroleAnnAllen says:

    Way to go! You are a fortunate soul to have discovered this so young!

  10. MultiHrothgar says:

    Going on 63 Sunday, @ 57 doctors found illness that was not NICE, no cure for me so last year I asked,’ ‘does my Soul have the power to heal me’ since doctors R powerless? 2 days later @ book store “The Power of the Soul” actually feel into my hands. So from there, to a Solar Master from the Himalayas on meditation and manifestation, to ABRAHAM,(I was advised to look @ God out of the box)whatever that meant @ the time! I was in need of an Eye Opening experience, Now @ door & no password.

  11. Truescribe says:

    All are our futures are as bright as we BELIEVE they are! Which is such an empowering realization

  12. jmoen42 says:

    this is awesome…thank you for posting…the images are so cool!!

  13. AllLuvVibes says:

    @Amysing555 wow always nice to see the young ones like you taking hold of this.. You have such a bright future ahead indeed. Thanks for sharing =)

  14. The2010flora says:

    Who’s drawing that?
    It’s just so connecting me some contents are.

    Even some are really similar to my memories.

  15. anjilala says:

    @Amysing555 that’s great :)

  16. marianalonzo says:

    who is the artist of these magical masterpieces? maybe it’s good to attach credits after the video. thank you for your time

  17. joejoetnt says:

    Again Abraham is 1000% right on the money!!! What a Godsend!!!!

  18. lifecloud2 says:

    @Amysing555 This is SO cool, Amysing555!! I’m really glad to hear this. I believe that if I had run across this material when I was 15 I would have been much better able to deal with all the weirdness I created in my life after that. I hope you’ll continue in this direction! I think you’re on a good path.

  19. Jopope123 says:

    @Amysing555 what a great attitude and I am so pelased for you. Always hold onto that even when there are ‘potholes’ in the road in front of you. As Tony Robbins says – you will always have problems, (bit with success) jsut comes a better quality of problems! Keep your great attitude and keep believing in your great future! All the best!

  20. jdickerson23 says:

    @Amysing555 I’m cheering you on. Your future is very bright.

    Namaste

  21. dogoodgetrewards1 says:

    You are a very smart girl Amy. Hang on to that intuitive knowing. It will highlight the path to adventure after adventure.

  22. whatareUexperiencing says:

    Beautiful teachings and I am enjoying the beautiful paintings also. Thank You!

  23. createalifeyoulove says:

    I love Abraham – and I love the paintings in your video – are they by Josephine Wall? (Looks like her style).

  24. parulbhargava2007 says:

    Abe is AWESOME, as always!!! Thank you for posting!!!

  25. wwildflower says:

    I love you Abraham! Esther and Jerry, thank you for bringing this through your creative open souls, I am grateful

  26. goldenloretta08 says:

    @Amysing555 My son is just turning 16 and I believe with all my heart that this is the information he needs to hear verses what I grew up with in terms of religion. Speaking about Source vs. a god who needs me to please him to bless me really never set well with me. So I will introduce him to Abraham! Amy there’s no way for you not to thrive with this outstanding KNOWING!! Peace! :D

  27. milliomoselme says:

    @Amysing555 You are Amazing :) Wish you the best Life I could wish :)

  28. buzzclick500 says:

    Funny, isn’t it? There’s an official “poverty level”, but there is no official “wealth level”. “Official” levels almost always gravitate to negative, numerical indicators. Individuals DECIDE their own situations.

  29. buzzclick500 says:

    @Amysing555 : If I had known these things at your age, the presidency of our government would be a long-past part of my life. You are so fortunate to have access to this so early in your life! ;]

  30. pzmtuthcvpvl says:

    @0:57 oh,oh,oh – what an advanced observation … that is a distinction that takes a developed mind to split the nuances

  31. quantum0050 says:

    Honestly , I’d like to hear some great STORYS about people who CLAIM by this LAW OF ATTRACTION they have made a lot of money, or a lot of great soulmates, or a lot of happy and loving people around them, OH,come on, i just can sit on my mouth any more, COME ON let’s hear it!!!!!!!! Tell me the story, JUST ONE BIG MONEY STORY ,WHERE THE “TELLER” CLAIMS THAT? BY USING THIS L.O.A HE OR SHE MADE SOMETHING BIG!!!!!

  32. JCollins1994 says:

    I love this….Abraham has a way of putting their message out there in a way that is comforting, fun and easy to understand. Appreciation and Love for posting this message!

  33. kuxcom says:

    @Amysing555 Now you have to figure out what action you can take towards your bright future