The Null Device

In from the cold: Joseph Stiglitz, recent winner of the Nobel Prize for economics*, used to be an economist at the World Bank. Now he has had a change of heart, and describes the IMF and World Bank as ideological absolutists with blood on their hands. And here is a piece he wrote for The New Republic about why the IMF is wrong.

* which apparently has nothing to do with Alfred Nobel's foundation, but was set up by some bank or other to reward exponents of Neo-Liberalist economics with a "Nobel prize", or something like that.

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