The Price of Inequality
Book description
The top 1 percent of Americans control some 40 percent of the nation's wealth. But as Joseph E. Stiglitz explains in this best-selling critique of the economic status quo, this level of inequality is not inevitable. Rather, in recent years well-heeled interests have compounded their wealth by stifling true, dynamic…
Why read it?
2 authors picked The Price of Inequality as one of their favorite books. Why do they recommend it?
In this already-classic work, Joseph Stiglitz–Nobel Prize winner and chief economist for the World Bank–describes the ways in which the market has been systematically rigged in favour of the rich and big business, leading to an explosion of inequality and the rise of the 1%.
I love how this book illustrates the ways in which inequality acts as a cancer on society, eating it apart from the inside. But Stiglitz also helped me to understand how such problems can be dealt with a realistic way.
From Tom's list on economic inequality and how to fix it.
This Nobel Prize-winning economist gets right to the heart of America’s problems: the growing divide between the rich and the rest of society.
We can see the toll declines in the standard of living have taken: malnutrition, drug abuse, shortened life expectancy, lack of access to much-needed health care, desperation and increased economic insecurity among the poor and a shrinking middle class in America.
Stiglitz convincingly shows how Federal Reserve policies, budgetary policies of Congress, and globalization have increased the widening gap, but also offers hope for a more economically just future.
From Dennis' list on understanding public policy challenges and failures.
Want books like The Price of Inequality?
Our community of 12,000+ authors has personally recommended 100 books like The Price of Inequality.
Share your top 3 reads of 2024!
And get a beautiful page showing off your 3 favorite reads.
1,187
readers submitted
so far, will you?
