Joseph Stiglitz

The Price of Inequality

Joseph Stiglitz

Talk: The Price of Inequality

Joseph Stiglitz, Nobel Memorial Prize in Economic Sciences recipient (2001) , visited Google on June 12, 2012 to talk about his new book, "THE PRICE OF INEQUALITY: How Today's Divided Society Endangers Our Future." Check out his Vanity Fair article (http://goo.gl/u40jE), which he starts out with: "The 1 Percent's Problem "Why won't America's 1 percent—such as the six Walmart heirs, whose wealth equals that of the entire bottom 30 percent—be a bit more . . . selfish? As the widening financial divide cripples the U.S. economy, even those at the top will pay a steep price."

Joseph Stiglitz

Jeoseph Stiglitz is an economist and professor at Columbia University. He received the Nobel Prize in Economic in 2001 and the John Bates Clark Medal in 1979. He was a member of the Council of Economic Advisors, as well as the former Chief Economist of the World Bank. Based on academic citations, he is the third most influential economist today.

The Price of Inequality

The Price of Inequalityprovides a powerful critique of free-market ideas, but ends hopefully, arguing that 'another world is possible'. It is one of the most important contributions any economist has made in the public arena in recent years.

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