"Waging war is no longer good for a country's economy and a U.S.-led strike against Iraq would only compound uncertainty about the health of the world's largest economy, Nobel-winning economist Joe Stiglitz said on Wednesday. "War is widely believed to be good for the economy. This war (on Iraq) is likely to be bad and possibly very bad," Stiglitz told the Forbes Global CEO Conference in Hong Kong. " Stiglitz: War Won't Boost U.S. Economy |