This powerful, unsettling audiobook gives us a rare glimpse behind the
closed doors of global financial institutions by the winner of the 2001
Nobel Prize in Economics.
When it was first published, this national bestseller quickly became a
touchstone in the globalization debate. Renowned economist and Nobel
Prize winner Joseph E. Stiglitz had a ringside seat for most of the
major economic events of the last decade, including stints as chairman
of the Council of Economic Advisers and chief economist at the World
Bank. Particularly concerned with the plight of the developing nations,
he became increasingly disillusioned as he saw the International
Monetary Fund and other major institutions put the interests of Wall
Street and the financial community ahead of the poorer nations. Those
seeking to understand why globalization has engendered the hostility of
protesters in Seattle and Genoa will find the reasons here. While this
audiobook includes no simple formula on how to make globalization work,
Stiglitz provides a reform agenda that will provoke debate for years to
come. Rarely do we get such an insider's analysis of the major
institutions of globalization as in this penetrating audiobook.
