Wednesday, March 6, 2013

Paying the Price for Inequality

Economists Joseph Stiglitz and Paul Krugman agree on many things. But the two have been at odds over whether economic inequality is holding back the recovery. Stiglitz says it is, and Krugman, while agreeing the inequality is unfortunate, says it is not. "Economics is not a morality play," Krugman observes. See Krugman vs Stiglitz in the New Republic

Stiglitz talks about his book, "The Price of Inequality: How Today's Divided Society Endangers Our Future," in the video below.

Stiglitz passionately describes how unrestrained power and greed are writing an epitaph for the American dream.

New York Times review

Review in the Observer

All for One -- F&D magazine on inequality

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