Not long ago, Republicans were trying to pass a balanced budget amendment to the constitution. Democrats were skeptical, overwhelmingly Keynesian, and believed that deficit spending had ended the Great Depression. Under Rubinomics the positions began to switch: Democrats became the defenders of...

The funding troubles of Social Security have been greatly exaggerated in an effort to push a privatization agenda. Privatization has laudable goals—increased choice and higher returns—but few would choose to risk their secure retirement income and unfortunately higher returns cannot be...

Joseph Stiglitz argues that in certain respects the economy is precarious and a crisis is possible, but global malaise is more likely in 2006.

Joseph E. Stiglitz calculates that the full cost of the Iraq War may reach $2 trillion, much more than the $60 billion OMB Director Mich Daniels originally foresaw.

Transfers and economic costs are indeed different in the war in Iraq, and transfers may be significant.

Joseph E. Stiglitz presents his plan for getting the United States and the Developing World to address global warming, and argues that by failing to address this problem, the United States is implicitly subsidizing energy usage and engaging in unfair trade practices.