Nobel Prize Winning Economist Endorses Protests
Yesterday, Nobel prize-winning economist Joe Stiglitz met with the “Occupy Wall Street” protesters to support their cause. Stiglitz said, among other things, that Wall Street got rich by “socializing losses and privatizing gain… that’s not capitalism… its a distorted economy.”
He is not the only high-level economist who supports the protests. Many other high-level economists and financial experts support the protests as well, including:
- Nobel prize winning economist Paul Krugman
I will update this post as more economists weigh in on the protests.
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