The U.S. Senate is having one of its most productive sessions in years and is spending its last week of session before the August break by rolling through several different pieces of legislation. Paying the Piper Free market critic and Columbia University Professor Joseph Stiglitz is unhappy that last week's UN International Conference on Financing for Development largely endorsed the status quo – meaning the Bretton Woods institutions and private investors. Stiglitz charges that capitalists practice market manipulation and deception with the result being that they "misallocate capital and create risk." Instead, he envisions a global investment environment that better favors poor countries, which means enabling them to more easily offload...