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?
1 author picked The Price of Inequality as one of their favorite books. Why do they recommend 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.
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