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Wednesday, September 1, 2010

Joseph Stiglitz: 'Trickle Up Economics' to Blame for Crisis


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Complete video at: http://fora.tv/2010/07/26/Joseph_Stiglitz_on_Free_Markets_and_the_World_Economy
Nobel Prize-winning economist Joseph Stiglitz argues that "trickle up economics" created the credit bubble that triggered the recent financial crisis. "There was a party going on, and nobody wanted to be a party-pooper," says Stiglitz.

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