The Price of Inequality

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  • Joseph Stiglitz
  • Author:  Joseph Stiglitz
  • Year: 13-01-2014
  • Translator from English: Irina Kazandzieva
  • Availability:  Out Of Stock
  • Product Code:  1239-01
  • SKU: 23.0004
  • ISBN: 978-619-152-339-9
  • Read an excerpt:

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Nobel Laureate Joseph Stiglitz explains why we are experiencing such destructively high levels of inequality - and why this is not inevitable

The top 1 percent have the best houses, the best educations, the best doctors, and the best lifestyles, but there is one thing that money doesn't seem to have bought: an understanding that their fate is bound up with how the other 99 percent live. Throughout history, this is something that the top 1 percent eventually do learn - too late.

In this timely book, Joseph Stiglitz identifies three major causes of our predicament: that markets don't work the way they are supposed to (being neither efficient nor stable); how political systems fail to correct the shortcomings of the market; and how our current economic and political systems are fundamentally unfair. He focuses chiefly on the gross inequality to which these systems give rise, but also explains how inextricably interlinked they are. Providing evidence that investment - not austerity - is vital for productivity, and offering realistic solutions for levelling the playing field and increasing social mobility, Stiglitz argues that reform of our economic and political systems is not just fairer, but is the only way to make markets work as they really should.

About the Author

Joseph Stiglitz

Joseph Stiglitz

Joseph Eugene Stiglitz (born February 9, 1943) is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John B... Read more

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Tags: Banking System & Finance, Economics, Capital & Funds

Year 13-01-2014
Translator from English: Irina Kazandzieva
Pages 544
Size 140/215 мм
Weight 0.65 kg
Cover Type Hardcover
Genre Banking System & Finance, Economics, Capital & Funds

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