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John Munson in for Joy Cardin
from Monday, June 18, 2012 at 8:00 AM

According to John Munson's guest, the top one percent of Americans control forty percent of the nation's wealth; however, they don't realize that their fate is dependent on how the other ninety-nine percent live. He explains what he says led to such a growing inequality, and how our divided society spells trouble for the country's future. Guest: Joseph Stiglitz (STIG-lits), Professor of Finance and Economics, and Executive Director and Co-Founder, Initiative for Policy Dialogue, Columbia University School of Business; Winner, 2001 Nobel Prize for economics; Chairman, Council of Economic Advisers under President Bill Clinton; Author, "The Price of Inequality: How Today's Divided Society Endangers Our Future." http://www.josephstiglitz.com/

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