Thursday, November 25, 2010

The Globalizer Who Came In From the Cold

Greg Palast

"The Globalizer Who Came In From the Cold

Wednesday, October 10, 2001

JOE STIGLITZ: TODAY'S WINNER OF THE NOBEL PRIZE IN ECONOMICS

by Greg Palast

The World Bank's former Chief Economist's accusations are eye-popping - including how the IMF and US Treasury fixed the Russian elections

'It has condemned people to death,' the former apparatchik told me. This was like a scene out of Le Carre. The brilliant old agent comes in from the cold, crosses to our side, and in hours of debriefing, empties his memory of horrors committed in the name of a political ideology he now realizes has gone rotten.

And here before me was a far bigger catch than some used Cold War spy. Joseph Stiglitz was Chief Economist of the World Bank. To a great extent, the new world economic order was his theory come to life."