Reply #17

In the discussion thread: STOCK MARKET WATCH -- Monday, 9 April 2012 [View all]

Mon Apr 9, 2012, 08:19 AM

Demeter (65,406 posts)

17. Stiglitz: The Invisible Hand is Invisible Because It Isn’t There

http://www.newdeal20.org/2012/04/02/stiglitz-the-invisible-hand-is-invisible-because-it-isnt-there-75639/

Americans have had it drilled into them that government is bad, but a new narrative is surfacing. Last Thursday, Roosevelt Institute Senior Fellow Jeff Madrick kicked off the Roosevelt Institute’s new flagship initiative, Rediscovering Government, at an event in New York City, declaring,

“There is no economy without government. There is no America without government. Government doesn’t have a role; it is integral.”

In a keynote address, Roosevelt Institute Senior Fellow Joseph Stiglitz also argued that healthy societies have strong governments and that his research has shown that “the reason the invisible hand often was invisible was that it wasn’t there.”

Watch the full video of the opening remarks and keynote below: SEE LINK FOR VIDEO, MORE

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80 replies	Author	Time	Post
STOCK MARKET WATCH -- Monday, 9 April 2012 [View all]	Tansy_Gold	Apr 2012	OP
I know why the three-some in the toon	Po_d Mainiac	Apr 2012	#1
Some dude named Bubba won.	hamerfan	Apr 2012	#2
That guy from Geico wants me to send an alert on this cartoon for anti-caveman bigotry.	tclambert	Apr 2012	#3
The He-Man Woman Haters Club.	Fuddnik	Apr 2012	#47
It Already STINKS, Now It's Time to Make A CHANGE	Demeter	Apr 2012	#48
Ya think?????	InkAddict	Apr 2012	#46
Remindes me of Our Gang...	AnneD	Apr 2012	#54
What makes u think we'd allow anything	Po_d Mainiac	Apr 2012	#68
While I did cut a nice figure in a g-string in my younger days.....	AnneD	Apr 2012	#70
Alcohol too.	Fuddnik	Apr 2012	#72
I am all out of vodka......	AnneD	Apr 2012	#77
bon jour!	xchrom	Apr 2012	#4
I need me some of that!	Roland99	Apr 2012	#27
Earnings season begins with ominous signs for stocks	xchrom	Apr 2012	#5
High unemployment may dog the US for years	xchrom	Apr 2012	#6
Until the 99% take the economy and the government back, they mean	Demeter	Apr 2012	#49
10 Ways Our Democracy Is Crumbling Around Us	Demeter	Apr 2012	#7
Chinese inflation picks up steam in March	Demeter	Apr 2012	#8
No, that's 3.6% since the same month last year.	Ghost Dog	Apr 2012	#24
My Bad. You Are Correct	Demeter	Apr 2012	#50
Investors braced for fall in US profits	Demeter	Apr 2012	#9
Banks test ‘CDOs’ for trade finance	Demeter	Apr 2012	#10
US union pensions hole deepens to $369bn	Demeter	Apr 2012	#11
Specialist lenders see gap in market	Demeter	Apr 2012	#12
Maritime insurer warns over Iran ban	Demeter	Apr 2012	#13
DOW futures down -120	DemReadingDU	Apr 2012	#14
Yup: S&P 500 Futures, Asian Stocks Decline as Yen Strengthens	Ghost Dog	Apr 2012	#22
Surprised the happy pills didn't kick in over the weekend.	Roland99	Apr 2012	#26
The scoundrels sold them on the black market	Demeter	Apr 2012	#35
7 Rules for Recording Police	Demeter	Apr 2012	#15
How Occupy Wall Street Plans to Take Down Bank of America--And How You Can Help	Demeter	Apr 2012	#16
Stiglitz: The Invisible Hand is Invisible Because It Isn’t There	Demeter	Apr 2012	#17
More on Private Equity, Carried Interest, Wealth, and Romney	Demeter	Apr 2012	#18
World Bank Race Heats Up By Jim Lobe	Demeter	Apr 2012	#19
4 Ways to Flex Our Electoral Muscles By Brooke Jarvis	Demeter	Apr 2012	#20
Ten Documentaries on Champions of Social Justice	Demeter	Apr 2012	#21
The plaintiff...	Ghost Dog	Apr 2012	#32
This was such a complete miscarriage of justice....	AnneD	Apr 2012	#36
And the Halls of Justice Must Be Cleaned Out	Demeter	Apr 2012	#51
JPMorgan Trader Iksil Fuels Prop-Trading Debate With Bets	Demeter	Apr 2012	#23
Japan, China to ‘Consult Closely’ on Support for IMF, Azumi Says	Demeter	Apr 2012	#25
The Jobless Go Begging in Washington State	Demeter	Apr 2012	#28
Ten Minutes After the Titanic Struck the Iceberg	DemReadingDU	Apr 2012	#29
I wish I could rec Your post	Demeter	Apr 2012	#31
The thing is that many people have other priorities	DemReadingDU	Apr 2012	#37
There is always QE 12 or 13 to save the day.	CAPHAVOC	Apr 2012	#45
Two words....	AnneD	Apr 2012	#62
+15 Trillion Brazillians	Demeter	Apr 2012	#67
And I'll raise you a trillion	Tansy_Gold	Apr 2012	#71
It is called....	AnneD	Apr 2012	#78
No, not hopelessness	Tansy_Gold	Apr 2012	#79
Point taken...	AnneD	Apr 2012	#80
Good point - I'm seconding what both Demeter and Tansy said (n/t)	bread_and_roses	Apr 2012	#74
+++	DemReadingDU	Apr 2012	#75
The Case Against Principal Forgiveness Is The Case For Mass Refinancing	Demeter	Apr 2012	#30
Reality is ringing the phone off the hook	Demeter	Apr 2012	#33
Asian stock markets fall after US hiring slows	xchrom	Apr 2012	#34
Gerald Celente on the decline of Empire America	Demeter	Apr 2012	#38
"Economist" Avery Largenumber Discusses QE (humor)	Demeter	Apr 2012	#39
Aaaand it's a race to the bottom. Down 142 at the open.	TalkingDog	Apr 2012	#40
Dow - Under 13,000	DemReadingDU	Apr 2012	#41
Barely holding at 12,900	Demeter	Apr 2012	#53
Spain: how about making rich pay for health care?	xchrom	Apr 2012	#42
Rajoy to oversee major shake-up in healthcare funding	xchrom	Apr 2012	#43
The same could be done much more efficiently by raising taxes Progressively	Demeter	Apr 2012	#55
Sarkozy bashes Spanish economy on campaign stumps	xchrom	Apr 2012	#44
Ohio Medicaid move shakes insurers	Roland99	Apr 2012	#52
50 Amazing Numbers About Today's Economy	Demeter	Apr 2012	#56
Owe The IRS? Bill Would Suspend Passport Rights For Delinquent Taxpayers	Demeter	Apr 2012	#57
U.S. filmmaker repeatedly detained at border By Glenn Greenwald	Demeter	Apr 2012	#61
Supposedly, Berke Breathed of Bloom County, and Outland fame,	Fuddnik	Apr 2012	#73
CIA Home Invasion: Smart TVs and the 'Internet of Things'	Demeter	Apr 2012	#58
They have been able to do this .....	AnneD	Apr 2012	#69
Irish Deal Simply Recycles Zombie Debts	Demeter	Apr 2012	#59
Destruction of Spain’s Economy Duplicates Greece By Jeff Nielson	Demeter	Apr 2012	#60
Natural gas glut means drilling boom must slow	Demeter	Apr 2012	#63
Falling Coverage Rates: One Reason Government Surveys May Not Show a Rise in Poverty By: Dean Baker	Demeter	Apr 2012	#64
Welfare Limits Left Poor Adrift as Recession Hit	Demeter	Apr 2012	#65
The $30 billion Social Security hack	Demeter	Apr 2012	#66
130 points is a respectable selloff	Demeter	Apr 2012	#76

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