Stiglitz Wins Moynihan Prize for Research on Income Inequality – Bloomberg

English: Income inequality in the United State...

English: Income inequality in the United States, 1979-2007 (Photo credit: Wikipedia)

Cropped picture of Joseph Stiglitz, U.S. econo...

Cropped picture of Joseph Stiglitz, U.S. economist. (Photo credit: Wikipedia)

Income inequality and mortality in 282 metropo...

Income inequality and mortality in 282 metropolitan areas of the United States. Mortality is correlated with both income and inequality. (Photo credit: Wikipedia)

This is a really interesting article from Bloomberg. Check it out!

Stiglitz Wins Moynihan Prize for Research on Income Inequality – Bloomberg.

I have enormous respect for Nobel Prize winning economist, Joe Stiglitz. Income inequality is one of Western Society‘s hottest issues right now. Stiglitz wins the award for his evidence-based research into income inequality.

Sadly, we seem to be living in an age where policy-makers in Washington, London and Berlin have ignored evidence-based policy in favor of short-term political goals. This is particularly the case with policies of excessive austerity which have been challenged by most mainstream economists, including the IMF.

Any thoughts?

 

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5 responses

  1. Pingback: Workers’ skills and how they are used at work – OECD « Dr Alf's Blog

  2. Pingback: Income Inequality Is Hurting The Economy, 3 Dozen Economists Say – Huffington Post « Dr Alf's Blog

  3. Pingback: What’s trending on Income Inequality via Storify (with tweets) · dralfoldman · Storify « Dr Alf's Blog

  4. Stiglitz … objective evidence? It seems a bit of a stretch to me. He seems to be motivated by ideology and then crafts the evidence to fit that ideology. Evidence, yes. Objective, no.

  5. I would like to think that Bloomberg, has covered a query in his research on, “If time is money, no one I know in the circles I travel in, has any time”? if someone has any insight in to this problem I would appreciate, the answer to this vexatious problem, I have.

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