The Price Of Inequality Book Review
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Joseph E. Stiglitz The Price of Inequality How Today's Divided Society Endangers Part01 Audiobook
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Point out that this massive amount of inequality and poverty is deliberately caused by the wealthy, as it is in their best interest. Demonstrate that both government action and inaction are just as much to blame for this inequality and poverty as the wealthy are. Dispel any myth that the impoverished and less fortunate are a necessity in America. If these issues interest you, regardless of political affiliation, you should read this book. Even if these issues don't interest you, you should own this book. That way, when you're sitting around and wondering why your four year degree was so expensive, you can look up that education funding was cut - raising the cost of tuition - and then that same money was given to students in the form of loans so that the schools could still get paid, but banks can make money off people going to college!
Now you know. Not impressed yet? In the age of the internet where people explore and express their feelings about economic policy via memes it is frustrating that there isn't a lot of substance behind them. This is what I love about Stiglitz. He has a level of ferocity that makes his work exciting and dynamic, his lack of political affiliation helps him stick to principles, and he explains the motivations behind major political policy that things like a meme or a fancy youtube video cannot. So if you're left leaning, you're not just making the empty claim that the minimum wage should be raised, but instead you're explaining to a crowd of adoring fans that the reason it hasn't been raised is because it cuts into profits in a way that can't be avoided Or maybe you're right leaning, but instead of complaining that our jobs went over seas or into Mexico, you're tucking your kids in at night with a bedtime story all about how free trade agreements allow doing business in deregulated markets incredibly cheap and now kids just like them are being worked literally to death because we don't have protective tariffs that deter businesses from going elsewhere for cheap labor.
Joseph E. Stiglitz Jun Switch to the audiobook. A forceful argument against America's vicious circle of growing inequality by the Nobel Prize—winning economist. More by Joseph E. Stiglitz See more. The Nobel Prize—winning economist and best-selling author explains why saving Europe may mean abandoning the euro. When Nobel Prize—winning economist Joseph E. Stiglitz posed this question in the original edition of The Euro, he lent much-needed clarity to a global debate that continues to this day. The euro was supposed to unify Europe and promote prosperity; in fact, it has done just the opposite. To save the European project, the euro may have to be abandoned.
Since , many of the 19 countries of Europe that share the euro currency—the eurozone—have been rocked by debt crises and mired in lasting stagnation, and the divergence between stronger and weaker economies has accelerated. In The Euro, Joseph E. Stiglitz explains precisely why the eurozone has performed so poorly, so different from the expectations at its launch: at the core of the failure is the structure of the eurozone itself, the rules by which it is governed. An International Bestseller "Accessible, provocative, and highly readable. Reviews Review policy and info.
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