Freefall - by Joseph E. Stiglitz[Reading report] by Nicolas Trimoulet


The author was part of the "Alternative Management" third year program in HEC in 2012. Nicolas Trimoulet is a former student of the French Ecole Normale Supérieure and holds a degree in law and an "agrégation" in economics and management.

The Great Recession has impacted more people worldwide than any other crisis. Stiglitz traces the origins of this economic crisis (« market fundamentalism », deregulation etc), outlines the flawed responses of our governments and presents the alternatives. Going deeper, Stiglitz offers an insight in this broken system, revealing that there are choices we have to make to fix it. He argues convincingly for a restoration of the balance between government and markets. Most of all, Stiglitz tries to offer a clear accounting of why so many people feel disillusioned today and how we can realize a prosperous economy and a moral society for the future.

Quote article  Nicolas Trimoulet, « Freefall - by Joseph E. Stiglitz », 26 july 2012, Alternative Management Observatory (AMO), [Reading report]

In the same section

Is Capitalism moral? - by André Comte-Sponville

[Reading report]

[Reading report] : Violaine Laurens-Berge

Is Capitalism moral? is a synthesis of several lectures delivered by André Comte-Sponville about business ethics. His first goal is to clarify the concept of relations between economics, politics and ethics in a context where the trend of Corporate Social Responsibility might lead to confusion on...

>>Read more

Corporate involvement for local development in disadvantaged neighbourhoods

[Research paper]

[Research paper] : Domitille de la Morinerie

Many private initiatives for the development of disadvantaged neighborhoods currently arise in line with public policies (more specifically urban policies). This research aims at demonstrating how private actors are more and more sensitive to social issues and how and why they can develop a...

>>Read more

No Logo: Taking Aim at the Brand Bullies - by Naomi Klein

[Reading report]

[Reading report] : Peggy Nicod

This analysis goes further than a regular analysis of Naomi Klein's major essay, No Logo. It puts in perspective her own criticism of the big, bad « corporations » and their abuse in communications with the true impact of her alternative propositions for the future.

>>Read more

Alleviating poverty through profits. The BoP, a new paradigm to alleviate poverty ?

[Research paper]

[Research paper] : Lorraine Gérard

As today's rich get richer, today's poor are still facing many plagues that jeopardize the economic and political balance not only of their own countries but of the overall world. This situation can be seen as the proof of the inefficiency of the development policies that have been carried on so...

>>Read more

The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics - by Eric D. Beinhocker

[Reading report]

[Reading report] : Guo Bai

The Origin of Wealth declares a paradigm shift from Traditional Economics to Complexity Economics which interprets economy as a complex adaptive system made up of realistically rational agents who dynamically interact with each other. These dynamics lead to evolutionary processes of variation,...

>>Read more

With the same doctype

Reading report

“Manifesto for an enlightened... Humanity is closer to the Apocalypse... by Yann Devaux
The French ghetto - by Eric Maurin Contrary to popular belief, French... by Nathalie Rusé
Governing the Commons – The Evolution... Governing the commons, which was... by François Bottollier-Depois
The working condition - by Simone Weil Simone Weil had the personal will to... by Pierre Lacaze
Identity and Violence: The illusion of... Amartya Sen, who is an Indian economist... by Margaux Vinez
The Shock Doctrine: the rise of... In The Shock Doctrine, Naomi Klein... by Guillaume Narbonne
Undocumented immigrants: a fatal... Migration policies and mobility control... by Camille Lacroix
The Shale Gas Mirage - by Thomas Porcher At the heart of the shale gas debate,... by Elsa Walwer
Farewell Growth, A Good Life in a World... Is it possible to live in an economic... by François-Xavier Faucounau
The human cause, a good use of the end... Financial crisis, ecological crisis,... by Morgane Jacobée