Stiglitz

Article

Stiglitz is a recurring person in the Astral Codex Ten archive, appearing 2 times across 2 issues between May 04, 2021 and December 11, 2021. The archive places it in contexts such as “pace the economist Stiglitz”; “Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size by Arnott and Stiglitz”. It most often appears alongside Russia, United States, /r/georgism.

Metadata

  • Category: People
  • Mention count: 2
  • Issue count: 2
  • First seen: May 04, 2021
  • Last seen: December 11, 2021

Appears In

Source Context

Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.

May 04, 2021 · Original source
But there is a more sinister interpretation of this paradox. If we lay aside, as I believe we must, the claim that neoliberalization is merely an example of erroneous theory gone wild (pace the economist Stiglitz) or a case of senseless pursuit of a false utopia (pace the conservative political philosopher John Gray), then we are left with a tension between sustaining capitalism, on the one hand, and the restoration/reconstitution of ruling class power on the other. If we are at a point of outright contradiction between these two objectives, then there can be no doubt as to which side the current Bush administration is leaning, given its avid pursuit of tax cuts for the corporations and the rich. Furthermore, a global financial crisis in part provoked by its own reckless economic policies would permit the US government to finally rid itself of any obligation whatsoever to provide for the welfare of its citizens except for the ratcheting up of that military and police power that might be needed to quell social unrest and compel global discipline.
December 11, 2021 · Original source
Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size by Arnott and Stiglitz (the origin paper of the Henry George Theorem)