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The Price of Inequality: How Today's Divided Society Endangers Our Future - Hardcover

 
9780393088694: The Price of Inequality: How Today's Divided Society Endangers Our Future
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The top 1 percent of Americans control 40 percent of the nation s wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that their fate is bound up with how the other 99 percent live. Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable: moneyed interests compound their wealth by stifling true, dynamic capitalism. They have made America the most unequal advanced industrial country while crippling growth, trampling on the rule of law, and undermining democracy. The result: a divided society that cannot tackle its most pressing problems. With characteristic insight, Stiglitz examines our current state, then teases out its implications for democracy, for monetary and budgetary policy, and for globalization. He closes with a plan for a more just and prosperous future.

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Review:
Concise and clearly argued.

An impassioned argument backed by rigorous economic analysis.

An important and smart new book... It's a searing read.--Nicholas Kristof

Stiglitz writes clearly and provocatively. He's the kind of economist who can talk about terms such as 'rent-seeking' and the 'euro crisis' and bring readers along for the ride... Stiglitz isn't just writing about people being hurt by inequality, he is also writing about the system itself being in jeopardy and what needs to be done to fix it.--Dante Chinni
About the Author:
Joseph E. Stiglitz is a Nobel Prize-winning economist and the best- selling author of Globalization and Its Discontents Revisited: Anti- Globalization in the Age of Trump, The Price of Inequality, and Freefall. He teaches at Columbia University.

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  • PublisherW. W. Norton & Company
  • Publication date2012
  • ISBN 10 0393088693
  • ISBN 13 9780393088694
  • BindingHardcover
  • Edition number1
  • Number of pages448
  • Rating

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Book Description Hardcover. Condition: New. Dust Jacket Condition: New. 1st Edition. A forceful argument against America's vicious circle of growing inequality by the Nobel Prize?winning economist. America currently has the most inequality, and the least equality of opportunity, among the advanced countries. While market forces play a role in this stark picture, politics has shaped those market forces. In this best-selling book, Nobel Prize?winning economist Joseph E. Stiglitz exposes the efforts of well-heeled interests to compound their wealth in ways that have stifled true, dynamic capitalism. Along the way he examines the effect of inequality on our economy, our democracy, and our system of justice. Stiglitz explains how inequality affects and is affected by every aspect of national policy, and with characteristic insight he offers a vision for a more just and prosperous future, supported by a concrete program to achieve that vision. Author is a Nobel Prize winner is Economics for his study of the consequences of information asymmetries. His previous works include FREEFALL, GLOBALIZATION AND ITS DISCONTENTS, MAKING GLOBALIZATION WORK, and, with Linda Bilmes, THE THREE TRILLION DOLLAR WAR. Mint, new, unread, first edition, first printing copy in new, mylar-protected dust jacket.{Not remainder-mrked or price-clipped} NF54. Seller Inventory # 022088

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