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Joseph Stiglitz: evaluation

26 Jun 2024 Conversations with Tyler Joseph Stiglitz on Pioneering Economic Theories, Policy Challenges, and His Intellectual Legacy

“I actually think it’s had an enormous cost to the whole, I would say, Western Hemisphere because of the flood of migrants from Venezuela.”

— Joseph Stiglitz

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Speaker
Joseph Stiglitz
Attribution
Verified speaker
Claim type
evaluation
Recorded
26 Jun 2024
Publisher
Conversations with Tyler

Transcript context

…Should we be glad he’s gone? I’m very glad he’s gone. I think he was terrible. He contributed to ruining a whole country. That’s right, I think he has. It’s the cost to his society, particularly even more of his successor, has been enormous. I actually think it’s had an enormous cost to the whole, I would say, Western Hemisphere because of the flood of migrants from Venezuela. Just finding a place to live a decent life has created problems of migration and affected the politics of much of North and South America. Poland is now converging on Western European living standards. Does that show that shock therapy simply can work if you stick with it? That would be my conclusion.…

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