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The Price of Inequality Paperback – 8 Apr 2013
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The single most comprehensive counterargument to both Democratic neoliberalism and Republican laissez-faire theories. While credible economists running the gamut from center right to center left describe our bleak present as the result of seemingly unstoppable developments--globalization and automation, a self-replicating establishment built on "meritocratic" competition, the debt-driven collapse of 2008--Stiglitz stands apart in his defiant rejection of such notions of inevitability. He seeks to shift the terms of the debate. --Thomas B. Edsall
About the Author
Joseph Stiglitz is an economist and a professor. He is a former chief economist of the World Bank. He is a recipient of the John Bates Clark Medal and the Nobel Memorial Prize in economic sciences.
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Similar in some respects to Dr. Rajan's Fault Lines, this covers a much broader perspective ... let me iterate this is not a casual reading book ... it is a serious study of the world's inequality and being quite voluminous requires significant ability to concentrate and maintain focus ...
The only reason why I did not give it five stars is that some of his arguments have been repeated multiple times in the book and so there are sections which may seem repetitive ... he does it to drive home his point from multiple angles but sometimes it is a pain in reading ...
Very well written, fast paced and leaves you gasping... A terrific book written by a man who has the pulse on what's going on in the arena of American politics and economics.
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