“A fantastic, historic day.” The superlatives flew around last week when US President Donald Trump and British Prime Minister Keir Starmer announced that they had concluded a trade agreement. Joseph Stiglitz (82) – winner of the Nobel Prize for Economy and one of the most famous economists in the world – is not impressed. “The agreement is not worth the paper on which it is written,” he extracts hard from the British news channel Sky News.
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Nobel Prize winner Economy Hardly: “Trade agreement between Americans and British is not worth paper on which it is written”
Bytaketonews
May 12, 2025