The Price Of Inequality

Author: Joseph E. Stiglitz
Publisher: Penguin Books, Limited (UK)
ISBN: 9780718197384
File Size: 52,35 MB
Format: PDF, ePub
Read: 746
Download or Read Book

The social impact of inequality is now increasingly understood - higher crime, health problems and mental illness, lower educational achievements and life expectancy. But what are the causes of inequality, why is it growing so rapidly and what are its economic and political impacts? In this exceptional book Joseph Stiglitz gives the answers. He shows how, left to their own devices, markets are neither efficient nor stable and tend to accumulate money in the hands of the few rather than engender competition, producing slower growth and lower GDP. He also demonstrates how political institutions, far from countering these trends, often enhance them. Arguing that 'another world is possible', The Price of Inequality provides a powerful, vital critique of free-market ideas. 'Superb and original . . . Stiglitz is a rare combination of virtuoso economist, witty polemicist and public intellectual' Robert Kuttner, New Statesman 'Important and smart . . . a searing read' Nicholas Kristof, The New York Times 'The often inchoate anger seen in Occupy Wall Street is given shape, fluency, substance and authority by Stiglitz . . . he methodically and lyrically (almost joyously) exposes the myths that provide justification for 'deficit fetishism''' Yvonne Roberts, Observer 'Trenchant, engaging . . . Stiglitz writes clearly and provocatively' Dante Chinni, Washington Post 'A towering genius of economics' Independent

The Price Of Paradise

Author: David Dante Troutt
Publisher: NYU Press
ISBN: 0814760988
File Size: 28,72 MB
Format: PDF, ePub
Read: 5909
Download or Read Book

American communities are facing chronic problems: fiscal stress, urban decline, environmental sprawl, mass incarceration, political isolation, disproportionate foreclosures and severe public health risks. In The Price of Paradise, David Troutt argues that it is a lack of mutuality in our local decision making that has led to this looming crisis facing cities and local governments. Arguing that there are structural flaws in the American dream, Troutt investigates the role that place plays in our thinking and how we have organized our communities to create or deny opportunity. Legal rules and policies that promoted mobility for most citizens simultaneously stifled and segregated a growing minority by race, class and—most importantly—place. A conversation about America at the crossroads, The Price of Paradise is a multilayered exploration of the legal, economic and cultural forces that contribute to the squeeze on the middle class, the hidden dangers of growing income and wealth inequality and the literature on how growth and consumption patterns are environmentally unsustainable.

The Great Divide Unequal Societies And What We Can Do About Them

Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 0393248585
File Size: 56,13 MB
Format: PDF, Kindle
Read: 8371
Download or Read Book

In the face of rising inequality in America, Joseph E. Stiglitz charts a path toward real recovery and a more equal society. A singular voice of reason in an era defined by bitter politics and economic uncertainty, Joseph E. Stiglitz has time and again diagnosed America’s greatest economic challenges, from the Great Recession and its feeble recovery to the yawning gap between the rich and the poor. The Great Divide gathers his most provocative reflections to date on the subject of inequality. As Stiglitz ably argues, a healthy economy and a fairer democracy are within our grasp if we can put aside misguided interests and ideologies and abandon failed policies. Opening with the essay that gave the Occupy Movement its slogan, “We are the 99%,” later essays in The Great Divide reveal equality of opportunity as a national myth, show that today’s outsized inequality is a matter of choice, and explain reforms that would spur higher growth, more opportunity, and greater equality.

The Price Of Inequality How Today S Divided Society Endangers Our Future

Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 0393089061
File Size: 38,22 MB
Format: PDF, Docs
Read: 2788
Download or Read Book

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.

The Economics Of Inequality

Author: Thomas Piketty
Publisher: Harvard University Press
ISBN: 0674504801
File Size: 40,19 MB
Format: PDF, Docs
Read: 9796
Download or Read Book

Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.

The Great Divide

Author: Joseph Stiglitz
Publisher: Viking
ISBN: 9780141981222
File Size: 60,49 MB
Format: PDF, Mobi
Read: 7843
Download or Read Book


The Betrayal Of The American Dream

Author: Donald L. Barlett
Publisher: PublicAffairs
ISBN: 1586489704
File Size: 59,75 MB
Format: PDF, Kindle
Read: 5547
Download or Read Book

A New York Times bestseller America’s unique prosperity is based on its creation of a middle class. In the twentieth century, that middle class provided the workforce, the educated skills, and the demand that gave life to the world’s greatest consumer economy. It was innovative and dynamic; it eclipsed old imperial systems and colonial archetypes. It gave rise to a dream: that if you worked hard and followed the rules you would prosper in America, and your children would enjoy a better life than yours. The American dream was the lure to gifted immigrants and the birthright opportunity for every American citizen. It is as important a part of the history of the country as the passing of the Bill of Rights, the outcome of the battle of Gettysburg, or the space program. Incredibly, however, for more than thirty years, government and big business in America have conspired to roll back the American dream. What was once accessible to a wide swath of the population is increasingly open only to a privileged few. The story of how the American middle class has been systematically impoverished and its prospects thwarted in favor of a new ruling elite is at the heart of this extraordinarily timely and revealing book, whose devastating findings from two of the finest investigative reporters in the country will leave you astonished and angry.

Reduce Inequality Increase Economic Growth

Author: Joseph Stiglitz
Publisher: NYU Press
ISBN: 1479804266
File Size: 79,95 MB
Format: PDF
Read: 9701
Download or Read Book

Joseph Stiglitz, winner of the Nobel Prize for Economics, discusses the state of the world’s economy in this interview, offering policy interventions to better serve society’s economic needs. Pointing to a grave failure of modern macroeconomic theory to predict the financial crisis, Stiglitz calls for new economic models from within the field to build a framework that maximizes individual capacity and advances society’s interests.

Creating A Learning Society

Author: Joseph E. Stiglitz
Publisher: Columbia University Press
ISBN: 0231540620
File Size: 18,54 MB
Format: PDF, Kindle
Read: 8300
Download or Read Book

Creating a Learning Society explains how the countries of the world went from centuries of stagnation to the enormous increases in standards of living that have marked the last two hundred and fifty years: they have learned how to learn. Yet, as Stiglitz and Greenwald make clear, markets won’t succeed on their own in creating the learning society that we need. Achieving this requires good governmental policy in a variety of areas, including trade, industry, and intellectual property. Indeed, the central thesis of this book is that every policy—tax, regulation, and expenditure—affects learning, and that policymakers have been remiss in ignoring this. Some policies, such as the Washington Consensus policies foisted on developing countries by the World Bank and IMF, actually impede learning. In advanced and developing countries alike, Creating a Learning Society has had a remarkable reception. Governments in Malaysia, Singapore, Turkey, Jordan, and South Africa have signaled strong support for its policies, and a Dutch think tank closely allied with the government released a blueprint for creating a learning economy. This streamlined edition, intended for everyone from scholars to general readers, omits the original book’s complicated mathematical equations and, in accessible language, focuses on its central messages and policy prescriptions.

The Upside Of Inequality

Author: Edward Conard
Publisher: Penguin
ISBN: 0698409914
File Size: 72,39 MB
Format: PDF
Read: 2745
Download or Read Book

The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. The real problem is the government’s well-meaning but misguided attempt to reduce the payoffs for success. Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right. Now he’s back with another provocative argument: that our current obsession with income inequality is misguided and will only slow growth further. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent—rather than by labor or capital, as was the case historically. He uses this fresh perspective to challenge the conclusions of liberal economists like Larry Summers and Joseph Stiglitz and the myths of “crony capitalism” more broadly. Instead, he argues that the growing wealth of most successful Americans is not to blame for the stagnating incomes of the middle and working classes. If anything, the success of the 1 percent has put upward pressure on employment and wages. Conard argues that high payoffs for success motivate talent to get the training and take the risks that gradually loosen the constraints to growth. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. He urges us to stop blaming the success of the 1 percent for slow wage growth and embrace the upside of inequality: faster growth and greater prosperity for everyone. From the Hardcover edition.