WEALTH GAP: Joseph Stiglitz, a Nobel Prize-winning economist, says the growing gap between wealthy Americans and everyone else is at the root of many problems for the U.S. economy.
A HARDER SLOG: Climbing out of poverty is harder in the U.S. versus other countries such as Britain and Canada, Stiglitz says. Stiglitz notes that only 8 percent of students in the most selective colleges in the U.S. come from the bottom half of the income scale.
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