Consider the Market Failure of Economic Inequality and the argument presented by one of America’s most world-renowned and leading economists, Joseph Stiglitz, that too much economic inequality can be dangerous of the American economy and society. Present your understanding of his work.
In order to help you respond to this question, please refer to the readings: The Price of Inequality: How Today’s Divided Society Endangers Our Future by Joseph Stiglitz, Chapter 1 (attached), and the NY Times Article, Separate and Unequal by Thomas Edsall (link below), as well as the lecture slides, and textbook readings.