Columbia’s Joseph Stiglitz Discusses “The Price of Inequality” with The Daily Show’s Jon Stewart
Nobel Prize winning economist, Columbia Professor Joseph Stiglitz sits down with The Daily Show’s Jon Stewart to discuss how and why there is a lack of equality of opportunity in the United States.
In Part 1, Professor Stiglitz argues that the nature of the economy of the United States has changed significantly within the last 30 years, both for the better and for the worse.
In Part 2, Jon Stewart and Professor Stiglitz discuss the level of perceived fairness individuals have about how the economy is run. While regulation for small and large businesses is essential, they discuss how regulation can be effective without being redundant.
In Part 3, Professor Stiglitz discusses the ways in which Social Security can continue to remain viable. Both Jon Stewart and Professor Stiglitz zone in on how can we manage risk more effectively to make the economy more efficient.