Speaker(s): Professor Joseph Stiglitz | In his new book The Euro: And its Threat to Europe, Nobel Prize-winning economist and bestselling author Joseph Stiglitz argues that saving Europe may mean abandoning the Euro. Stiglitz dismantles the prevailing consensus around what ails Europe and dismisses the champions of austerity. Instead, Stiglitz will show that Europe’s stagnation and bleak outlook are a direct result of the fundamental flaws in the euro project – economic integration outpacing political integration with a structure that actively promotes divergence rather than convergence. Money relentlessly leaves the weaker member states and goes to the strong, with debt accumulating in a few ill-favoured countries. The question now is: can the euro be saved? Joseph Stiglitz (@JosephEStiglitz) was Chief Economist at the World Bank until January 2000. He is currently University Professor of the Columbia Business School and Chair of the Management Board and Director of Graduate Summer Pr
