US EditionThe New Economic Order Pushed by Trump Is Complete Nonsense – Nobel Laureate Joseph Stiglitz Harshly Criticizes the President's Plans
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The Nobel Prize-winning professor in economics considers it an absolute mistake that US President Donald Trump wants to lure back factories that have moved abroad, because industry only accounts for 10% of US GDP, and the bulk of gross domestic product is due to services in knowledge-based economies.
·Hungary
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Joseph Stiglitz finishes his breakfast as a television crew struggles with lights and cameras behind him. The last guests from the breakfast event, where Stiglitz, the 2001 Nobel laureate in economics, hastily disperse.
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