Economist Joseph Stiglitz (Image: AP/Virginia Mayo)
Economist Joseph Stiglitz (Image: AP/Virginia Mayo)

Speaking on ABC’s Q&A on Monday night, Nobel Prize-winning economist Joseph Stiglitz claimed Australia was “giving away its natural resources”, something he found “mind-boggling”.

He said that if Australia made the fossil fuel industry pay for the value of the resources it extracts and its fair share of taxes, “you wouldn’t have the problems that you have today”.