You`ll need to answer the questions in what I will write here from the book "Money" by Kenneth M. Gillam Pg 85. |Invent|Stiglitz, having worked for the Clinton and Obama administrations, is probably somewhere left of the political center in his ideology. His critical stance toward globalization and free-market fundamentalism gives this characterization even more credence. Assuming that he is writing from a politically interested position, what might a conservative or neo-liberal economist take away from the same statistics regarding inequalities in wealth and income distribution? |Explore|Although not expressly stated by Stiglitz, other economists have asserted that severe inequality in income distribution is reminiscent of the feudal states of medieval Europe. Research the economies of feudal societies and critique this statement as either a true or false proposition. |Compose|This is a difficult topic. In a journal entry or blog post work through your ideas about income and wealth distribution inequality especially as your thinking has been supplemented by the invention and exploration activities. For this last part in the compose section, please disregard the part where they talk about a journal entry or blog post.