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Joseph Stiglitz | The Price of Inequality: How Today's Divided Society Endangers Our Future Recorded 10/2/2012 Listen to MP3 audio
In The Price of Inequality, Nobel Prize-winning economist Joseph Stiglitz offers a plan for a more just and prosperous future. With the top one percent of Americans controlling an estimated 40 percent of the country’s wealth, Stiglitz argues that this growing inequality has stifled progress, undermined democracy, and resulted in a divided society unable to tackle critical issues. A pioneer of information economics, Stiglitz served and later chaired President Clinton’s Council of Economic Advisors, and was Senior Vice President and Chief Economist of the World Bank. A professor at Columbia University, his many books include Globalization and Its Discontents, The Roaring Nineties, and Freefall.
In conversation with Mark Zandi, Chief Economist, Moody's Analytics
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