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PART II: Aravosis interviews Joseph Stiglitz about the cost of the Iraq war & high oil prices

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Uploaded by on Jul 22, 2008

AMERICAblog's John Aravosis interviews Nobel-prize-winning economist Joseph Stiglitz during their attendance at the Symi Symposium in Chalkidiki, Greece in July, 2008. In the second of three parts, Aravosis asks Stiglitz about the hidden costs of the Iraq war and about why the price of oil is so high. Can't OPEC increase production? How are speculators affecting the market? And what effect is the weak dollar having on oil prices?

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