The Nation’s John Nichols sits down with Nobel Prize winning
economist Joseph Stiglitz at the G-20 summit in
Pittsburgh to discuss our economic crisis. As leaders of
the wealthiest nations gather privately to discuss world issues,
Stiglitz hopes to start a new dialogue about the global economy and how we measure the success of a nation. Instead of focusing so heavily on the GDP, Stiglitz feels that a reevaluation of our society’s priorities is crucial to its recovery. He says that “distortions in our economy have lead to distortions in our values,” and points out that we must try to correct this by focusing on things like green innovation, that are both monetarily profitable and good for the earth.
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