Stiglitz, Joseph E. - In: Ekonomi-tek - International Economics Journal 2 (2013) 1, pp. 1-39
The financial crisis and the Great Recession to which it gave rise exposed the deep flaws in standard macro-economic models, and in the way those models were deployed. In this paper, based on a talk given to the Turkish Economic Association in November 2012, Joseph E. Stiglitz discusses the...