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Nobel Prize-Winning Economist Reflects on the 2008 Financial Collapse

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Nobel Prize-Winning Economist Reflects on the 2008 Financial Collapse

Lehman Brothers in New York. Photo by Gregory Melle.

A year after the Lehman Brothers collapse our media is awash in reflection over what's happened to our economy. There are many optimistic stories about portion of the economy starting to pick up, but there are also many stories about the possiblity that things could get worse.

Joseph Stiglitz is a Nobel Prize-winning economist, Professor of Economics at Columbia University and Co-author of the book The Three Trillion Dollar War: The True Cost of the Iraq Conflict. He is among those who still have serious concerns.

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