Stiglitz Says Growing Inequality Betrays U.S. Moral Values

« Calling growing inequality a betrayal of U.S. values and “morally wrong,” Nobel laureate Joseph Stiglitz said concentrated wealth could harm public health, slow economic growth and undermine democracy. “An economic system that only delivers for the very top is a failed economic system,” Stiglitz said in remarks prepared for speech in Washington today. “In the past,…