November 12, 2015
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4:24Now PlayingThe fight over income inequality gained national attention when fast-food workers walked off the job in hundreds of cities across the country on Tuesday demanding a $15-an-hour minimum wage and union rights. Some "Fight for $15" protesters rallied outside the Republican presidential debate in Milwaukee. During the debate, billionaire Donald Trump and other Republican contenders rejected calls to increase the minimum wage. We speak to Nobel Prize-winning economist Joseph Stiglitz, author of the new book, "Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity." "We’re saying something is wrong with the way our economy is working," says Stiglitz. "The fact that at the bottom, minimum wage is as low as it was 45 years ago, a half-century ago, says something. … It’s not a living wage."
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