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Joseph Stiglitz, Nobel Prize winner and author of Freefall: America, Free Markets, and the Sinking of the World Economy, says the Depression was caused by the shift from agriculture to manufacturing, and that we face a similar shift today.

We're all witnessing a historical moment in the Middle East, as Libya prepares for the end of Moammar Gadhafi’s rule. And while the revolution that has taken six months to occur is in many ways remarkable, Americans may also be in the midst of our own, quieter moment in history: a lost decade. The recession has made it so that young people in particular are having a very difficult time beginning their careers, starting families and buying homes — so they're delaying doing those things. The unemployment rate is hovering at 9.1 percent, and for people between the ages of 16 and 19, it was 25 percent in July. For those ages 20-24, it was 14.6 percent.

Joseph Stiglitz, winner of the Nobel Prize in Economics and author of Freefall: America, Free Markets, and the Sinking of the World Economy, discusses his article in the new issue of Vanity Fair in which he asks why there aren't mass protests here in the United States, given that the top 1% of Americans control 40% of the wealth.

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Joseph Stiglitz, winner of the Nobel Prize in Economics, Columbia University professor, and author of Freefall: America, Free Markets, and the Sinking of the World Economy  joins Robert Kuttner, co-editor of The American Prospect magazine, senior fellow at Demos, and author of A Presidency in Peril: The Inside Story of Obama's Promise, Wall Street's Power, and the Struggle to Control our Economic Future  to discuss the demise of the president's deficit commission's proposal.

Joseph Stiglitz, winner of the Nobel Prize in economics, joins us for this week’s edition of our election series The Big Picture, to discuss the major issue of the midterm elections: the state of the economy. He’ll look at how the recession has played out, the economic solutions being debated on the campaign trail, and what policy changes would lift the country out of its economic slump. His latest book, Freefall: America, Free Markets, and the Sinking of the World Economy, has just been published in paperback.

Nobel Prize winner Joseph Stiglitz discusses the current financial crisis—and the coming global economic order. In Freefall: America, World Markets, and the Sinking of the World Economy, he draws on his academic expertise, his years shaping policy in the Clinton administration and at the World Bank, and his role ...

As the President makes his case for his economic stimulus bill, we were wondering what economists thought of the plan to dump $800 billion into the economy. Will it work? What would Keynes think? So many questions! For answers we turn to Nobel Prize winning economist and Columbia University Professor Joseph Stiglitz for his thoughts on the pros and cons of President Obama’s economic stimulus plan.

President Barack Obama discusses his view of the $800 billion stimulus bill.

Is the current financial crisis a threat to American capitalism as we know it? Leonard talks to Nobel Prize-winning economist Joseph Stiglitz and economist Michael Hudson. Both are contributors to the "How to Save Capitalism" forum in the current Nov. issue of Harper's magazine.

Joseph Stiglitz, winner of the Nobel Prize in Economics and Linda Bilmes, of Harvard's Kennedy School of Government, say we’re underestimating the cost of the war in Iraq in their new book The Three Trillion Dollar War: The True Cost of the Iraq Conflict.