The Price of Inequality
How Today’s Divided Society Endangers Our Future
The world’s financial markets will rebound, but how do we ensure the same mistakes aren’t made twice? In engaging, frank talks, Nobel Prize winner Joseph Stiglitz offers an in-depth analysis of today’s economic climate and explores the future of the world economy.
Joseph Stiglitz is an internationally renowned economist and the author of several books, including The Price of Inequality: How Today’s Divided Society Endangers Our Future, Freefall: America, Free Markets, and the Sinking of the World Economy, and Making Globalization Work. He regularly appears on CNN, CNBC, and FOX News and is a syndicated columnist whose op-eds and articles have appeared in The Financial Times, Vanity Fair, and Newsweek, among others. He was awarded the Nobel Prize for his role in creating a new branch of economics called “The Economics of Information,” which contains concepts that have become standard tools used by economic theorists and policy analysts. In 2011, TIME named him one of the 100 most influential people in the world.
“The single most comprehensive counterargument to both Democratic neoliberalism and Republican laissez-faire theories ... [Stiglitz] seeks to shift the terms of the debate.”— The New York Times on The Price of Inequality
Stiglitz is a professor at Columbia University and the co-chair of Columbia University's Committee on Global Thought. He is also the founder and co-president of the Initiative for Policy Dialogue at Columbia. He has taught at Princeton, Stanford, MIT, and was the Drummond Professor and a fellow of All Souls College, Oxford. He was a member of the Council of Economic Advisers during the Clinton administration, and was Chief Economist and Senior Vice-President of the World Bank. He served as chair of the Commission on the Measurement of Economic Performance and Social Progress, and chair of the Commission of Experts on Reform of the International Financial and Monetary System. He also serves on numerous boards, including the Acumen Fund and Resources for the Future, and was the president of the International Economic Association from 2011-2014.
The current financial crisis didn’t start with the housing bubble—it started with policies enacted by previous Presidents, starting with Ronald Reagan all the way through to President George W. Bush. Joseph Stiglitz explores how free market financial policy and government regulation, or lack thereof, led to the 2007 financial crisis. This fast-paced presentation includes an overview of the current state of the economy, and what businesses and financial institutions can expect during economic recovery.
Joseph Stiglitz’ commentary on current United State economic policy and global financial news is controversial, provocative, and informative. It is also refreshingly direct. He provides audiences with solid context that can be used to add further dimensions to their work while gaining greater insight into the latest headlines.