A Covenant for Globalization?
Robert Nelson Monday, 1 December 2008
Max L. Stackhouse, Globalization and Grace [God and Globalization, Volume 4] (New York: Continuum, 2007). 254pp. $39.95.
Joseph Stiglitz is a Nobel prize winning economist, a student of Paul Samuelson and editor of his collected papers, and otherwise a prominent figure in the American economics profession. Most of his career—the basis for his Nobel Prize—was spent as an exceptionally prolific author of erudite papers on issues in technical microeconomics. In the late 1990s, however, Stiglitz changed course. Partly, he was influenced by first hand exposure to the real world of policy making as a member of the Council of Economic Advisors (CEA) during the Clinton administration. He stepped up to become chairman of the CEA in 1995 and then, from 1997 to 2000, served as the chief economist of the World Bank, newly focusing his attention on the macroeconomic problems of world poverty.
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