Joseph Stiglitz Wants to Tackle U.S. Inequality with Antitrust Rules
The U.S. should tackle worsening social inequality with measures including updated antitrust rules, according to economist Joseph Stiglitz. … “One of the problems is the concentration of market power — and that means we have to have renewed competition policy, renewed antitrust,” Stiglitz, a professor at Columbia University, said in a Bloomberg Television Interview with Francine Lacqua and Tom Keene.
Bernie Sanders Scares a Lot of People, and Quite a Few of Them Are Democrats
Jagdish N. Bhagwati, an economist at Columbia and an expert in development economics and international trade, who likes Sanders and supported him in 2016, is critical of Sanders’ policies. In a phone interview,Bhagwati described Sanders’ thinking as “a little bit naive,” displaying little “understanding of the complexity of the issues he raises.” Sanders, Bhagwati says, is in great need of “first-rate people to sort things out.”