yes, says economist joseph stiglitz.s new book, he argues that america has more economic inequality than any advance country on earth. because of that, the u.s. is no longer the land of opportunity. what should be done? thank you for coming in, professor. compare inequality in this country to inequality in european countries. >> the u.s. has greater inequality in income than any of the other advanced countries including the countries of europe. i think what a lot of people find so surprising is that it has among the lowest level of equality of opportunity. katty: this is the land of a opportunity and the american dream. >> right. the chances of a young american are more dependent on income and education of his parents than in almost any of the other countries. there are two other countries at the bottom of the pack but we are very far down and almost at the bottom. katty: what is so interesting in comparing europe and america is the social response to this, that there is an feeling in america that the rich should pay for

you want to stay tuned for the interview with joseph stiglitz.eone a cable and comcast will meet with regulators to see if they can let the deal go ahead. stay "in the loop." ♪ betty:betty: it is a critical moment for president obama's trade agenda. congress is moving closer to granting the president fast-track trade authority which make it easier for him to cut trade deals with the pacific rim in europe. paul ryan is standing by on the hill with our chief washington correspondent peter cook. >> >>= am joined by chairman ryan who has done a lot of battles with president obama over the years but you are effectively shoulder to shoulder on this. paul: we agree he is going in the right direction with these trade agreements with asia and europe. we just rolled out a bipartisan bill we are rolling through the house and senate committees this week. we think it is essential to get good trade agreements. peter: what is your message on this? said you'll battle the president on presidential power. paul: if you take a look at the editorial i had with ted cr

and later joseph stiglitz. check out the dollar this morning.ng against some other currencies. the euro the yen, and the pound. we'll be right back. ♪ [intercom] drivers to your marks... go! it's chaos out there. but the m-class sees in your blind spot... pulls you back into your lane... even brakes all by itself. it's almost like it couldn't crash... even if it tried. the 2015 m-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. e financial noise financial noise financial noise financial noise ♪ ♪ when you're living with diabetes steady is exciting. only glucerna has carbsteady clinically proven to help minimize blood sugar spikes. i'm a bull rider make it part of your daily diabetes plan. so you stay steady ahead. >>> welcome back. u.s. equity futures are weaker. dow futures down by 56 points. the nasdaq down by 14. yesterday morning we looked at the futures. they were positive. by the end of the day they had given background. we do have a lot of earnings coming out today. by the way, you remembe

. >> still ahead on "morning joe," lawrence o'donnell joins us and we'll see if joseph stiglitz agreesth hillary clinton's assessment that small businesses have stalled out. and later, ronan farrow sits down with cecily strong. >> she's great. >> she'll give a sneak preview of what we can expect saturday night. lawrence o'donnell joins us and ♪ ♪ ♪ ♪ playing for the usual phil? always stacy. at kpmg we've always believed leadership is about vision and integrity, confidence inspiration and passion. pitching wedge. thanks phil. and always having the courage to take your best shot. see the best of the best at the kpmg women's pga championship. >>> welcome back. let's take a look at some morning papers. baltimore sun, there new information in the case of the baltimore man who died after suffering a spim injure ing aing a ing aing a ing aing a spinal injury. five of the six officers involved have given statements and the union lawyer says based on those statements, he believes freddie gray was not secured in the police van after his arrest. the police commissioner in will baltimore also ans

joseph stiglitz is here. he has been coming here for years. he had a really strong message.e reform -- deep reform, a european solution. i am in amazing gardens in the heart of paris. do you feel, do you trust your partner's and how are you getting on with them? >> the bonds have strengthened. to give rise to the agreement that will help stabilize the greek economy. the post-june time in such a way to the short that we moved to reconstruction and redevelopment. manus: it is all about making up the numbers. how to get this to work. they have to deliver on the numbers. he is confident greece can return to gross. erik: marcus, just like manus i have spoken to the finance minister. he strikes a tone when he is out the country -- outside the country, in the presence of his european lenders, that is dramatically different from what he says when he is back in athens. is this nonsense going to stop? marcus: more generally, you get a lot of different voices in the government. from the day this government was elected, ever since then, as soon as they came in, they have had a lot of di

spending ourselves into penury in terms of deficits and the $3 trillion over the next 30 years that joseph stiglitz, a nobel prize laureate, said the iraq war is going to cost us? not just the immediate war and all that, but all the follow-ups of the veterans and so on. bill gates sr. and the famous trial lawyer in texas, joe jamail, could easily fund reopening our courts so ordinary people can use them, so ordinary people who are wrongfully injured can have their day in court and not be blocked by what is maliciously called tort reform by taking people's age-old rights of having a trial by jury away from them. they could open up the courts to poor people. because bill gates sr. has made that one of his missions in life. he's a corporate lawyer, but he made opening up access to justice one of his missions in life. warren buffett, he's worth now $52 billion. for $1.25 billion, i can show warren buffett in 3 years maximum how to completely transform the tax system so it is an efficient, fair source of revenue without inequities that exist today and the perverse incentives that distort investment into