Spiegel Online.
At Columbia University, which is located just blocks from Harlem in
Manhattan's West Side, wealth and poverty are closer together than they
are in many places in New York City. This is where American economist
and 2001 Nobel Prize winner Joseph Stiglitz works as a professor. The
Gary, Indiana native has spent years examining social inequality. His
first personal experience with the issue came when, as a young boy, he
asked why his nanny wasn't caring for her own children. Later, as the
World Bank's chief economist, he studied the phenomenon on a global
level. In June, he published a book on the topic entitled "The Price of
Inequality: How Today's Divided Society Endangers Our Future," which has
just been released in German as well. In a SPIEGEL interview, Stiglitz
discusses how wealth disparity is dividing America and how Europe can
best overcome the euro crisis.
