Stiglitz on the US response to the pandemic

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In an interview with The Guardian Professor Joseph Stiglitz said that the US is likely to head into a second Great Depression. According to him, the US response to the coronavirus left the US “looking like a third world country”. In 2019, he visited the John Adams to discuss his book People, Power, and Profits.

In the current crisis everything that Stiglitz talked about in his book, economics, politics and values, is coming to a head. He still sees a way forward in which a second Great Depression can be avoided, but it will not be easy.