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Comment on “Crises: Principles and Policies” by Joseph E. Stiglitz

Martin Guzman

Chapter 1.2 in Life After Debt, 2014, pp 80-84 from Palgrave Macmillan

Abstract: Abstract My comments will focus on the five basic questions stated in the introduction of the presentation: 1. How do we explain crises? 2. What do they tell us about standard economic theory? 3. Are most crises similar? 4. Why are the effects so long lasting? 5. What are the best ways of resolving crises?

Keywords: Cash Flow; Forecast Error; Rational Expectation; Sovereign Debt; Emerge Market Economy (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-41148-8_3

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DOI: 10.1057/9781137411488_3

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