Joseph Stiglitz

Joseph Stiglitz was Chief Economist at the World Bank until January 2000. Before that he was Chairman of President Clinton\'s Council of Economic Advisors. He is currently University Professor of the Columbia Business School and Chair of the Management Board and Director of Graduate Summer Programs, Brooks World Poverty Institute, University of Manchester. He won the Nobel Prize for Economics in 2001 and is the author of the best-selling Globalization and Its Discontents, The Roaring Nineties, and Making Globalization Work, all published by Penguin. The £3 Trillion War was co-written with Linda J. Bilmes,Lecturer in Public Policy at Harvard University.
The $3 Trillion War
The $3 Trillion War is a devastating reckoning of the true cost of the Iraq war – quite apart from its tragic human toll – which the Bush administration has estimated at $50 billion, but which Stiglitz and his co-author Bilmes show underestimates the real figure by approximately six times. Here he exposed the gigantic expenses which have so far not been officially accounted for, including replacing military equipment (being used up at six times the peacetime rate) and also ...