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Synopsis
Inequality and Instability Inequality is a charged topic. Measures of income inequality rose in the USA in the 1990s to levels not seen since 1929 and gave rise to a suspicion, not for the first time, of a link between radical inequality and financial instability with a resulting crisis under capitalism. Professional macroeconomists have generally taken little interest in inequality because, within the parameters of traditi... Full description
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Review
an astoundingly broad, illuminating, and detailed examination of the global rise in income inequality between 1980 to the dawn of the financial crisis in 2008...Galbraith boldly brings the problem of radical inequality from the margins to the centre of economic analysis. (Imani Perry, London School of Economics)
A truly pathbreaking work of scholarship. (Barry Eichengreen)
A must-read for anyone who wishes to understand our political and economic era. (Joseph E. Stiglitz)
James K. Galbraiths (Marco Passarella, Economic Issues)
About the Author
James K. Galbraith is the Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the LBJ School of Public Affairs at the University of Texas. He is the author most recently of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too
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- PublisherOUP USA
- Publication date2012
- ISBN 10 019985565X
- ISBN 13 9780199855650
- BindingHardcover
- LanguageEnglish
- Number of pages336
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