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Stiglitz, Roubini and the Post-Pandemic Future of Capitalism

The two famous economists have very different takes on what comes next.

Nouriel Roubini (left) and Joseph Stiglitz

Nouriel Roubini (left) and Joseph Stiglitz

Photograph: Simon Dawson/Bloomberg

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It’s no exaggeration to say the coronavirus has upended the global economy in ways few could have imagined. It's been called a wake-up call for capitalism and a foreshadowing of our exceedingly precarious future, one with more catastrophes waiting in the wings. What if anything can governments and central banks do about it?