Photo: #Nobel prize winner in economics and author Joseph Stiglitz.

Legacy of the economic debacle

Broadcast: Midmorning, 01/25/2010, 10:06 a.m.

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Economist Joseph Stiglitz has a dim view of the future of the world's economic recovery unless a new way of thinking of markets takes hold. He argues that banks will continue to take risks that could lead to collapse unless the government works more actively to stop them.

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