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Old 01-20-2014, 10:28 PM  
AsianDivaGirlsWebDude
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Quote:
Originally Posted by dyna mo View Post

The point it life is not fair. welcome to earth. it's never been fair it never will be fair.
Some of us think that life can be, and should be more fair (with greater income equality, and a better quality of life). However, most indicators are that income inequality has been increasing dramatically over the past few decades:



In case you are unfamiliar with who Joseph Stiglitz is:

Quote:
Joseph Stiglitz, (born February 9, 1943) is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979).

He is a former senior vice president and chief economist of the World Bank, and is a former member, and Chairman of the Council of Economic Advisers. He is known for his critical view of the management of globalization, free-market economists (whom he calls "free market fundamentalists"), and some international institutions like the International Monetary Fund and the World Bank.

In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. Since 2001, he has been a member of the Columbia faculty, has been a University Professor since 2003, and is the Co-Chair of the University's Committee on Global Thought.

He also chairs the University of Manchester's Brooks World Poverty Institute as well as the Socialist International Commission on Global Financial Issues and is a member of the Pontifical Academy of Social Sciences. Stiglitz has over 40 honorary doctorates and at least eight honorary professorships, as well as an honorary deanship.

In 2009 the President of the United Nations General Assembly Miguel d'Escoto Brockmann, appointed Stiglitz as the Chairman of the U.N. Commission on Reforms of the International Monetary and Financial System, where he oversaw suggested proposals, and Commissioned a report on reforming the international monetary and financial system.

Since 2012 Stiglitz has been the President of the International Economic Association and is currently presiding over the organization of the IEA triennial world congress that will be held on the Dead Sea Jordan in June 2014.

Stiglitz is the 4th most influential economist in the world today based on academic citations, and in 2011 he was named by Time magazine as one of the 100 most influential people in the world. Stiglitz's work focuses on income distribution, asset risk management, corporate governance, and international trade, and is the author of ten books, with his latest, The Price of Inequality (2012), hitting The New York Times best seller list.


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Last edited by AsianDivaGirlsWebDude; 01-20-2014 at 10:30 PM..
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