Political Perspectives on 05/12/10

Nobel Prize winning economist Joseph Stiglitz talks about his latest book, "Freefall: America, Free Markets, and the Sinking of the World Economy."

Joseph Stiglitz, University Professor at Columbia, is the recipient of the Nobel Prize in economics. He was chair of the Council on Economic Advisors under Clinton. He also served as senior vice president and chief economist of the World Bank. His efforts to move the bank in a more progressive direction got him fired.  He is the author of “Globalization and Its Discontents,” “The Roaring Nineties,” and “Freefall.”