As the global economy enters an unprecedented shutdown during the coronavirus outbreak, I talked with Nobel Prize-winning economics expert Joseph Stiglitz; Michael Goodman, president of the investment management firm Wealthstream Advisors; and Jake Dell, owner of New York City's venerable Katz's Delicatessen, about weathering the economic storm. I also spoke with improv actor Ed Herbstman, whose Magnet Theater, shuttered by the pandemic, is now being forced to improvise.
In this video I chat with Nobel Prize-winning Columbia University professor Joseph Stiglitz about how efficiencies in our economy, aimed at increasing short-term profit, have made us more vulnerable in the crisis we face today with the COVID-19 pandemic.