Naomi Klein Joseph Stiglitz on Economic Power

Naomi Klein  Joseph Stiglitz on Economic Power

We have high volatility in all markets

Marc Faber : ...We have high volatility in all markets, a 10% move is nothing now-a-days. We have very high intraday volatility in the markets. We had never before so many up days with volumes of 9 to 1 and down days with volumes of 9 to 1. The downward volume is 9 times the upward volume and on up days, the up volume is 9 times the down volume. This is most unusual. So we have this volatility and this volatility comes about because the private sector is basically still deleveraging while the government sector is leveraging up. So you have economic and financial volatility in markets that is very high....

Joseph Stiglitz: Globalization & the 21st Century Enlightenment

The University of Edinburgh Enlightenment Lecture Series with the support of ScottishPower presents Globalisation & the 21st Century Enlightenment by Joseph Stiglitz.



The Principal of The University of Edinburgh, Timothy OShea said: The University is delighted to welcome Joseph Stiglitz to speak as part of our Enlightenment Lecture Series. He is one of the giants of economics, his contributions across every part of the discipline are recognised the world over. He has already played a major role in shaping events in the worlds recent economic history, and now he is set to shape our future with his ground breaking theories on how globalisation needs to work for disenfranchised peoples worldwide. His lecture examining themes of global economics for the new millennium promises to be a fascinating insight into new economic theory.