For more than three decades, Joseph Stiglitz has been working within and critiquing the system of global economics. The central insight of his life's work can be summed up in the idea that free markets are not always rational and tend to be freer for some than for others.
In his latest book, The Road to Freedom: Economics and the Good Society, Stiglitz quoted Isaiah Berlin, noting, 'Freedom for the wolves has often meant death to the sheep.' This insight challenges the assumption of market efficiency and highlights the uneven distribution of freedom.
[
Collection
]
[
|
...
]