Joseph E. Stiglitz - Inaugural lecture of the School of Research of Sciences Po

📚 Inaugural Lecture - School of Research, Sciences Po “Economic freedom is essential to preserve political freedom.” With this statement, Joseph E. Stiglitz, Nobel Prize, winning economist and Columbia University professor, opened the academic year at Sciences Po’s School of Research. Drawing on his latest book The Road to Freedom: Economics and the Good Society, Stiglitz challenges the libertarian idea that unregulated markets guarantee liberty. Instead, he argues: - The limits of neoliberalism (Hayek & Friedman): far from ensuring prosperity, it has fueled inequality and excessive concentration of power. - Academic and press freedom as vital counter-powers: without independent institutions, democracy weakens and authoritarian figures thrive. - The need for strong state regulation: to restore balance, protect rights, and sustain democracy. 👉 His alternative: a progressive capitalism where individual freedom, equality, and collective well-being reinforce one another. --- Sciences Po is an international research university, both selective and open onto the world, ranking among the finest institutions in the fields of humanities and social sciences. Click for more information about Sciences Po. http://bit.ly/2bQkwiG --- Follow us on social media! --- Youtube: https://www.youtube.com/channel/UCjaCN9r_oyIgyUwY7wgACkA X: https://x.com/sciencespo?s=21 Instagram: https://www.instagram.com/sciencespo/ TikTok : https://www.tiktok.com/@sciencespo Snapchat: https://snapchat.com/t/M4yeI453 LinkedIn : https://fr.linkedin.com/school/sciences-po/ Our newsletter: http://bit.ly/2NPQ6yo Sciences Po App - Google Play: https://bit.ly/3sH5LpR Sciences Po App - App Store: https://apple.co/3Bl43OC --- Chapters 00:00 Introduction 04:40 Freedom, rule of law & economics 07:00 Hayek, Friedman & the libertarian tradition 12:00 The limits of neoliberalism 17:00 Trade-offs, externalities & rights 23:00 When regulation expands freedom 28:00 Redistribution, taxation & inequality 40:00 Academic and press freedom as checks and balances 50:00 Enlightenment values, science & progress 1:00:00 Beyond neoliberalism: progressive capitalism 1:08:00 Q&A