6 key takeaways from Joseph Stiglitz’s National Press Club Address

Why would the IMF put dealing with inequality at the centre of their economic agenda? Professor Joseph Stiglitz explains in his National Press Club Address.

Professor Joseph Stiglitz. (photo: Sasha Maslov)

1 // Progressive economics make more equal societies.

2 // Government has rewritten the rules of the labour market over the last generation, that’s why wages are going nowhere.

Workers need bargaining power to translate economic growth into higher living standards.

3 // We need collectivism to tackle climate change.

4 // The first step of corporate responsibility is paying your taxes.

5 // For the last 40 years, benefits of economic growth have flowed predominantly to the top.

6 // Our truth-telling institutions are essential to the future of democracy.

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