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Jeffrey Sachs and Paul Krugman, two great economic minds, engage in an illuminating discussion moderated by Gillian Tett, US managing editor of the Financial Times. Since the late 20th century, globalization has accompanied widening inequality in both rich and poor countries, despite a decline in global inequality. In the US, globalization and technological change are often blamed for exacerbating income inequality. The panelists will shed light on these complex issues and how they relate to recent economic crises. Sachs, named one of Time magazine’s “100 most influential world leaders,” is a professor of economics at Columbia University, a senior UN advisor, and author of bestselling books, including The End of Poverty. Krugman is a Nobel Prize-winning economist, noted New York Times columnist and author, professor at Princeton University's Woodrow Wilson School, and distinguished scholar at the Luxembourg Income Study Center at the Graduate Center, where he will join the economics faculty in Fall 2015.
Presented by GC Public Programs. Co-sponsored by the Ph.D. Program in Economics.