Joseph Stiglitz - Big lies about central banking

Central banks make decisions that affect every aspect of society, including rates of economic growth and unemployment, but because there are tradeoffs, these decisions can only be made as part of a political process writes Joseph Stiglitz.

First published in the Taipei Times, 9 June. The author Joseph Stiglitz is professor of economics and finance at Columbia University and was the 2001 Nobel laureate in economics. Previously, he was chief economist and senior vice president of the World Bank.


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