Article 384XP Joseph Stiglitz: 'Trump has fascist tendencies'

Joseph Stiglitz: 'Trump has fascist tendencies'

by
Larry Elliott
from on (#384XP)

The Nobel prize-winning economist on the threat from the US president, fairer globalisation - and whether Bernie Sanders would have won

Harry Truman once demanded to be given one-handed economists because he became so frustrated with his advisers meeting every demand for answers with "on the one hand, on the other hand".

Truman would have liked Joseph Stiglitz, the Nobel prize-winning economist who worked for a later Democratic president, Bill Clinton, and who does not mince words when talking about the current incumbent of the White House, Donald Trump.

Related: Business Today: sign up for a morning shot of financial news

A couple of things are most disturbing - the attack on the press and the attack on the foundations of knowledge

We saved the banks, we saved the bankers and we saved the shareholders; we didn't do much for homeowners

We are dealing with countries all over the world ... Trump's word is not good

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