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Joseph Stiglitz

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How do you calculate the cost of war in Iran?

Expensive missiles are just the start. How do you tally the cost of war – and what will be the bill for Operation Epic Fury?

  • Angus Holland

Latest

Forty per cent of voters now rank Peter Dutton, right, and the Coalition as best to manage the economy, with only 24 per cent naming Anthony Albanese and Labor.

When it comes to the economy, voters have short memories

After nearly 10 years of the Coalition having many opportunities to deliver surpluses, it not only failed to do so but managed to leave us with a trillion-dollar debt. On the other hand, Jim Chalmers will be the first treasurer in nearly two decades to bring in back-to-back surpluses.

Treasurer Jim Chalmers says the hit to real wages will be larger than expected in the March budget.

Real wages to take larger hit as inflation pressures grow: Chalmers

Treasurer Jim Chalmers’ update on the state of the economy next week will show an even larger than expected to hit to real wages.

  • Shane Wright
Pay day ... Facebook and Google will be forced to negotiate with Australian media companies.

Why the world may follow our lead on Google and Facebook

Laws introduced in Australia on Wednesday will be fundamental to the health of our media - and our democracy.

  • Peter Lewis
Google and Facebook are among those who have seen the final version of the code.

'So important': Nobel economist backs plans to force tech giants to pay for news

Professor Joseph Stiglitz says the Morrison government should consider taxing Facebook and Google if they carry out threats to limit their Australian services.

  • Lisa Visentin
Aussie politicians should beware the US path, warns top economist

Aussie politicians should beware the US path, warns top economist

Nobel Prize-winning economist Joseph Stiglitz cautions Australia against following the US lead in policy.

  • Kerrie O'Brien
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Beyond 2018: Truth-telling must be protected if growth is to continue

Beyond 2018: Truth-telling must be protected if growth is to continue

We spend lots of time thinking about the technical advancements of the future, but not enough time creating the social conditions which enable them.

  • Ebony Bennett
Nobel laureate Joseph Stiglitz warns on penalty rates cut

Nobel laureate Joseph Stiglitz warns on penalty rates cut

Nobel prize winning economist Joseph Stiglitz has backed penalty rates, saying cuts to Sunday rates in Australia are an indication that workers’ power has been eroded.

  • Dana McCauley
Nobel laureate economist declares war against 'know-nothing' Trump

Nobel laureate economist declares war against 'know-nothing' Trump

American economist Joseph Stiglitz has detailed the dangers of inequality since the 1960s. Now, with Trump in power, his warnings are more strident than ever.

  • Nick Bryant