Joseph Stiglitz: Higher Oil and Food Prices From Iran War Risk 1970s-Era Stagflation

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Nobel Laureate in Economics Joseph Stiglitz (who holds highest #1 D-Index than all other Economists in the world) joins Jack to discuss the recent war in Iran, artificial intelligence, and his macroeconomic views. Dr. Stiglitz warns that the conflict in Iran is likely to have much more serious consequences for the U.S. & world economy than the Trump administration expected. In particular, the disruption of energy production could very well create an energy crisis similar to the one seen in the U.S. in the 1970s. Jack and Dr. Stiglitz also discuss Stiglitz’s work, including the recent The Road to Freedom, which touches on inequality, the cost of war, and economic freedom. Finally, they go over the effects of AI on employment and what the collapse of an AI bubble would mean for the economy. Recorded on March 9th, 2026.

Professor Stiglitz’s The Road to Freedom wwnorton.com/books/9781324074373

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Investing in SOYB involves risk, including the possible loss of principal. Commodity investments are subject to significant volatility.

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TUCRM-5281845-03/26