Sunday, December 7, 2008
Professor Stiglitz is telling us some inconvenient truths about this crisis and its origin. Do we have a Prof. Stiglitz in Europe? No, that I am aware of. Do we also need him in Europe? I think so. And there is a country in Europe which should listen more to some international economists: that's Italy a country where we have too often, like in the United States, "the suppression of scientific evidence and the perpetuation of misinformation". We do not have in Europe either an environmentalist like Lester Brown, founder and president of the Earth Policy Institute, who is also reminding us that more should be done and quicly, which means that Italy should stop to be contrarian. The recession uncovers what Governments hide while markets should be forced to tell the truth as well.