Lack of Political Will
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Dr. Joseph Stiglitz |
This episode of the Diane Rehm Show from earlier
this week is sobering: http://thedianerehmshow.org/shows/2015-04-20/joseph-stiglitz-the-great-divide.
Her guest, Nobel Prize winning economist, Dr. Joseph Stiglitz, talks about his
new book, The Great Divide. Stiglitz clarifies what we all need to keep
reminding ourselves: most of our economic problems, from unemployment to
poverty to income inequality are due to a lack of political will. The “market”
is not the reason we have these problems; they are the result of failed
economic policies. The way out of this morass is to adopt new policies, rather
than continuing to flog a dead horse. Unfortunately, we seem to lack the
political will to do what it takes.
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