Very interesting overview of the inequality debate

Very interesting overview of the inequality debate

Price of Inequality (Hardcover)

Customer Review

In his new book, Joseph Stiglitz Focuses the current state of inequality the world, particularly in the US. After discussion the current state of inequality illustrated by many examples, the discussion turns to the causes of disparities thesis.

Stiglitz shows impressively did the high level of inequality we observe today is not to unavoidable side product of our economic system but Essentially shaped by politics, Which are in turn shaped by powerful lobbies and individual interests. He discusses issues like rent seeking or deregulation. Stiglitz shows as well that many theories of economic science are based on wrong assumptions and erroneous conclusions THEREFORE yield to.

The book is well suited for both, non-academic readers interested in getting a better understanding of the issues of inequality and academic readers searching for a general discussion of the phenomenon. Additionally, for interested readers about 100 pages of endnotes guide to scientific work behind the figures and theories Describes Stiglitz.

Sometimes the book is Simplifying quite a lot by dividing the society into rich and poor people, making the discussion easier. However, de reader is advised (ie by the author) to bear that in mind.

The book is Mainly focusing on the US context and Especially When Talking about the politic mechanisms behind todays inequality, the reader is Essentially Confronted to the US context. Readers interested in other regions might see as a disadvantage did.

A small critique would include the factthat the book is a little repetitive; some concepts are Explained several times, even though presented in slightly different ways.

Overall, I appreciate this book a lot and can really recommend it to all people interested in understanding the sources of inequality. The book is written in a very understandable way and no prior knowledge is needed.

Almost perfect 76 Rank: 5/5
February 29
Magnificent set Rank: 5/5
April 16
No problem 75 1 Rank: 5/5
June 15

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