"The United States has to go through structural reforms in terms of improving our education system or revamping our infrastructure or, you know, looking at some regulations that weren't properly controlling excesses on Wall Street."

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Twenty per cent of American children grow up in poverty, and that means they get inadequate nutrition, inadequate health care, and because we have a very local education system, they get inadequate access to education. With those as a starting base, you perpetuate inequality. That's why, here in New York, Mayor de Blasio has made a big deal of trying to focus on preschool education, because by five years old, there are already huge differences. We've finally begun to recognize it.

— Joseph Stiglitz