On this edition of Your Call, we're speaking with Nobel prize-winning economist Joseph Stiglitz about how the US government has handled the COVID-19 crisis. He says the public safety net is not working and the US is on course for a second Great Depression.
Later in the show, we'll speak with Thea Lee, president of the Economy Policy Institute, about why millions of workers have been unable to collect unemployment benefits. What systemic changes are needed to tackle these issues?
Guests:
Joseph Stiglitz, Nobel prize-winning economist, professor at Columbia University, and author of Globalization and Its Discontents Revisited: Anti-Globalization in the Era of Trump
Thea Lee, president of the Economic Policy Institute and co-author of The Field Guide to the Global Economy
Web Resources:
The Guardian, Larry Elliot: Top economist: US coronavirus response is like 'third world' country
TIME, Joseph Stiglitz: Why Our Affluent Society Is Facing Shortages in the Face of the Coronavirus Pandemic?
The American Prospect, Joseph Stiglitz: Deficit Lessons for the Pandemic From the 2008 Crisis
NPR, More Essential Than Ever, Low-Wage Workers Demand More
TIME, Thea Lee: Why the U.S. Government Should Be Guaranteeing Paychecks