Stiglitz Says Germany `Wrong' to Focus on Austerity

Stiglitz Says Germany `Wrong' to Focus on Austerity Play

Aug. 24 (Bloomberg) -- Joseph Stiglitz, a Nobel-prize winning economist and a professor at Columbia University, says Germany's focus on imposing budget austerity on euro-area governments is the "wrong thing." David Tweed reports from Munich on Bloomberg Television's "Countdown."

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