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Nobel economist: Inequality weighs on US economy | Fox News: "To Joseph Stiglitz, the Nobel Prize-winning economist, the economy's strange behavior can be traced to the growing gap between wealthy Americans and everyone else."
Why do we see Nobel prize winners so often making statements about areas in which they didn't win the Nobel prize? This guy got his prize for "research was on screening, a technique used by one economic agent to extract otherwise private information from another." It's like they are saying, "because I got a Nobel in one area, you should believe what I say in other areas." Krugman seems to do that a lot too.
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