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FREEFALL: America, Free Markets and the Sinking of the World Economy, by JOSEPH E. STIGLITZ, Norton & Company, 2010


  • Raluca OPRESCU

    () (The Academy of Economic Studies, Bucharest)


This book is the most recent published work of Joseph Stiglitz - an outstanding academic figure, Nobel Prize laureate and former chief economist at the World Bank. The writing focuses on the recent global turmoil and despite of the crisis-related books profusion, this one stands out clearly because it doesn’t indulge in a plain narration of events and aftermath assessment. Even though the analysis is primarily based on the case of the US economy, the author connects his diagnosis to the global context. The topics covered by Stiglitz include American policy and politics, macroeconomic issues, financial markets operations, globalization and even parts of the economic theory.

Suggested Citation

  • Raluca OPRESCU, 2011. "FREEFALL: America, Free Markets and the Sinking of the World Economy, by JOSEPH E. STIGLITZ, Norton & Company, 2010," EuroEconomica, Danubius University of Galati, issue 30, pages 177-179, November.
  • Handle: RePEc:dug:journl:y:2011:i:30:p:177-179

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    References listed on IDEAS

    1. Robert Ford & Pierre Poret, 1991. "Infrastructure and Private-Sector Productivity," OECD Economics Department Working Papers 91, OECD Publishing.
    2. Evans, Paul & Karras, Georgios, 1994. "Is government capital productive? Evidence from a panel of seven countries," Journal of Macroeconomics, Elsevier, vol. 16(2), pages 271-279.
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    4. George Bitros & Epaminondas Panas, 2001. "Is there an inflation-productivity trade-off? Some evidence from the manufacturing sector in Greece," Applied Economics, Taylor & Francis Journals, vol. 33(15), pages 1961-1969.
    5. Ram, Rati, 1996. "Productivity of public and private investment in developing countries: A broad international perspective," World Development, Elsevier, vol. 24(8), pages 1373-1378, August.
    6. Diewert, W E, 1971. "An Application of the Shephard Duality Theorem: A Generalized Leontief Production Function," Journal of Political Economy, University of Chicago Press, vol. 79(3), pages 481-507, May-June.
    7. Andrew J. Buck & Felix Fitzroy, 1988. "Inflation and Productivity Growth in the Federal Republic of Germany," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 10(3), pages 428-444, March.
    8. Clark, Peter K, 1982. "Inflation and the Productivity Decline," American Economic Review, American Economic Association, vol. 72(2), pages 149-154, May.
    9. Prucha, Ingmar R. & Nadiri, M. Ishaq, 1996. "Endogenous capital utilization and productivity measurement in dynamic factor demand models Theory and an application to the U.S. electrical machinery industry," Journal of Econometrics, Elsevier, vol. 71(1-2), pages 343-379.
    10. Dar, Atul A. & AmirKhalkhali, Sal, 2002. "Government size, factor accumulation, and economic growth: evidence from OECD countries," Journal of Policy Modeling, Elsevier, vol. 24(7-8), pages 679-692, November.
    11. Shioji, Etsuro, 2001. "Public Capital and Economic Growth: A Convergence Approach," Journal of Economic Growth, Springer, vol. 6(3), pages 205-227, September.
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