Joseph Stiglitz Live in Wellington

I went and saw Joseph Stiglitz (author of Globalization and Its Discontents and The Three Trillion Dollar War) talk last night as part of the NZ Post Readers and Writers week. I had unexpectedly received a ticket from my uncle David – which was serendipitous as I have become interested in economics and was looking at Stiglitz’s books. It also made a nice follow up to the Tim Harford talk that I saw a few weeks ago.

My immediate impression was that the format left a little bit to be desired – it was done as a question and answer session led by Rod Oram. This meant that the session lacked the focus that a simple talk (such as Harford’s) would have had. However we did hear some Stiglitz say some interesting things about various issues that may well have not been covered otherwise.

In particular it was interesting to hear Stiglitz’s thoughts on the global credit crisis (yes it is serious, and he and other commentators thought it was a predictable outcome of obvious factors) and on emission trading versus carbon tax (if you are going to do emission trading then  auction the quotas, don’t assign them).

Overall though, I thought an hour was far too short a time to justice to any one idea of such an interesting person, let alone the large number of his ideas that a New Zealand audience would be interested in.


~ by Doug Newdick on March 15, 2008.

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