Welcome. We continue our conversation with one of the worlds most influential economists sited by his colleagues in the field. Hes a nobel laureate, and hes mad as hell, infuriated by americas growing inequality as those at the top buy the politicians who write the rules that rig the system. Hes especially angry at how the tax code has been manipulated and abused to place the burden on the earners of ordinary income, instead of on the rich and powerful most able to pay. But Joseph Stiglitz says there are solutions. Heres what he told us in our last episode we have a tax system that reflects not the interest of the middle. We have a tax system that reflects the interest of the one percent. And i want to do is create a tax system that has incentives to create jobs. And if you tell a corporation, look it, if you dont create jobs, youre taking out of our system, youre not putting back, youre going to pay a high tax. But if you put back into our system by investing, then you can get your ta
United-states
New-york
Indiana
Cayman-islands
Americans
America
American
Adam-smith
Chabad-lubavitch
Timothy-geithner
Menachem-mendel-schneerson
Jon-stewart