Ok, you’ve read a couple of articles in favor and against the growing inequality in America. So the questions I propose to you:
Does the growing inequality of the rich and poor make the world a worst place—or is everyone (at least indirectly) benefiting from the growth and greed. Should we be concerned with this? And if so, what would you propose that we do—and what might be some of the unintended consequences of your decision either in favor of action or inaction.
To help you with this question, several youtube clips for and against. The first two are focusing on the disappearance of the middle class from Paul Krugman and Elizabeth Warren—two heavyweights in their respective fields. The Warren talk is about an hour but it’s more than worth it for those who are dedicated and/or have no life.
The second two clips counter the above talks to some extent and are much shorter. The first is from Milton Friedman—one of the most influential economists of the past 100 years and from Michael Novak another distinguished scholar. Enjoy and good luck.
Paul Krugman on the middle Class
http://www.youtube.com/watch?v=5kwA-CwFK5A
Elizabeth Warren, Chairman of the Congressional Oversight Panel: U. of CA, Berkeley talk on the coming collapse of the Middle Class
http://www.youtube.com/watch?v=akVL7QY0S8A&feature=related
Milton Friedman on Greed http://www.youtube.com/watch?v=RWsx1X8PV_A&feature=related
Michael Novak defending the Rich/Poor Gap http://www.youtube.com/watch?v=jZhQvrkHs4g&feature=watch_response
No comments:
Post a Comment