Relatively simple article from the New York Fed explaining why everything Stiglitz says here is wrong: https://www.newyorkfed.org/medialibrary/media/research/st

Relatively simple article from the New York Fed explaining why everything Stiglitz says here is wrong: https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr380.pdf https://www.newyorkfed.org/medialibrary/media/research/staff... Not sure if Stiglitz is aware of these points because he doesn't address any of them. Or it's possible I'm misunderstanding something, Stiglitz' article is very complex and is clearly intended for economists, I'm not sure why it's appearing in the Guardian.