Pretty much this time last year. I looked it up again because I noticed a visitor (thanks, Sitemeter) reading Reckoning: The Economic Consequences of Mr. Bush just now. So how accurate was Stiglitz?
Well, he didn’t foresee everything – the recent drop in oil prices for example. But we can’t say we weren’t told. And Stiglitz wasn’t the only one, was he, or even the first?