2010.2.26. Joseph Stiglitz

Stiglitz talks at Town Hall. Short of my expectation. Not the best speaker. I even dozed off. I was not the only one. A full house (I bought the 2nd to last ticket). As soon as he finishes, half of the audience left. He talked about his new book Freefall for about an hour, followed by Q&A, which is more interesting. He criticized congress' failure to oversee the bailout money, US government's inability to reform the financial industry, Greenspan's illusion of free market. He argues for more regulation, more stimulus money, more deficit, hoping that they would eventually bring revenue and tax. Nothing much new.