Inflation is high. The GDP has shrunk. But the job market has never been better. The Washington Post's Damian Paletta helps make sense of the U.S. economy today.
If there’s a theme we’re likely to hear from candidates running for president in 2016 it’s the growing inequality gap in America today. Their prescriptions will differ — and debate will go on about how effective their plans could be — but on both sides of the aisle, politicians are confronting income disparity. It’s an issue Nobel Prize winning economist Joseph Stiglitz has been writing about for decades. In a new book, “The Great Divide: Unequal Societies and What We Can Do About Them,” Stiglitz examines the causes and consequences of an unequal society and offers solutions for what we can do about it. He joins Diane in studio to talk about inequality in America today.
- Joseph Stiglitz Winner of the Nobel Prize for economics in 2001, professor of economics at Columbia University and author of "Freefall: America, Free Markets, and the Sinking of the World Economy."
Read A Featured Excerpt
Excerpted from The Great Divide by Joseph E. Stiglitz. Copyright © 2015 by Joseph E. Stiglitz. With permission of the publisher, W. W. Norton & Company, Inc. All rights reserved.
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