Tropical Storm Harvey has left in its wake upended lives and enormous property damage, estimated by some at $150-$180bn. But the storm that pummelled the Texas coast for the better part of a week also raises deep questions about the United States’ economic system and politics… Joseph E Stiglitz is a Nobel prizewinner in economics, professor at Columbia University, a former senior vice-president and chief economist of the World Bank, and one-time chair of the US president’s council of economic advisers under Bill Clinton. Read more.