Communism continued to haunt Europe as a spectre - a name men gave to their own fears and blunders. But the crusade against Communism was even more imaginary than the spectre of Communism
— A. J. P. Taylor
Joseph Stiglitz
Joseph Stiglitz went from academia on to some of the most powerful positions in the world possible for an economist, from advisor to the Clinton government to chief economist at the World Bank, he also picked up the 2001 Nobel Prize for Economics along the way. Stellar credentials indeed, yet I have heard reports that at meetings of the major world economic institutions, he is forced to stand behind the barriers along with the protestors, barriers which make sure the economic tyranny is not threatened by an outbreak of social democracy. His crime is to look at economics from a...