Silencing Joseph Stiglitz: “There never was economic evidence in favor of capital market liberalization, … There still isn’t. It increases risk and doesn’t increase growth. You’d think [defenders of liberalization] would say to me by now, ‘You haven’t read these 10 studies,’ but they haven’t, because there’s not even one. There isn’t the intellectual basis that you would have thought required for a major change in international rules. It was all based on ideology.”

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