The following podcast contains explicit language.

Hello, welcome to the Ezra Klein Show, people who listen to the Ezra Klein Show.

My guest this week is Joseph Stiglitz, the Nobel Prize winning economist

the head of the Roosevelt Institute, the former chief economist in the Clinton White House,

former chief economist of the World Bank. He is about as decorated academically

and in terms of public service as they come. He's someone a lot of you have asked for since we

began doing this show and so excited that he was up for doing it. We had a long fascinating

conversation. We talked about who should be on Clinton's short list for Treasury and for

the National Economics Council. We talked about his PhD thesis on inequality and how it

structured some of his work today. We talked about the work he won the Nobel Prize for

on market asymmetries and why people sometimes overestimate how well markets function.

We talked a lot about the effort he's engaged in now, which he's called rewriting the rules,

which is I think really a project meant to create the next liberal economic agenda.

And the way in which it differs, I think, with what Democrats have been doing in recent years,

it is very focused on getting into the guts of the economy and rewriting the rules

to cover in how markets function, not simply waiting to do interventions in the tax system,

which has been much more the norm in the Clinton and post-Clinton era. We talked about Greece

and Venezuela. We talked about a universal basic income and whether he thinks that's a good idea,

he's got some criticisms of it. It is a wide-ranging conversation. It's a lot of fun. He was great and

really, really dove pretty deep into some of these issues. As always, please share the show. Go on

Facebook, go on the Twitter's, tell people that you're enjoying it, send them to your favorite

episode. Please listen to our other podcasts, the weeds. If you like this kind of deep economic

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