Economics
Inequality Is Biggest Danger for Global Growth, Warn Top Economists
- Economists debate need for new ideas to balance wealth
- Stiglitz says market economy not working how it should
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As the great and the good of global economics gathered in Edinburgh at the weekend, one of the few things talked about more than Adam Smith was inequality.
From Scottish First Minister Nicola Sturgeon’s opening remarks to Nobel laureate Joseph Stiglitz’s keynote speech, the topic was a recurring theme at the Institute for New Economic Thinking’s conference, whether through the prism of a failure of globalization or the onset of automation.