Joseph Stiglitz

In Freefall, the Nobel Prize-winning economist divides blame for our nation’s bubble-and-collapse between the current and past administrations. Both, he argues, have failed in their responsibility to regulate risky markets, preferring to collect the taxes on derivative financial instruments that no one properly understood. Among the causes he decries, "a flawed system of corporate governance, inadequate enforcement of competition laws, and imperfect information and an inadequate understanding of risk on the part of investors." BRIAN MILLER

Fri., Feb. 26, 7:30 p.m., 2010

 
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