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The Price of Inequality: How Today's Divided Society Endangers Our Future is a 2012 book by Joseph Stiglitz that deals with income inequality in the United States. He attacks the growing wealth disparity and the effects it has on the economy at large.
I recently sat down with Nobel Prize-winning economist Joseph Stiglitz in his office at Columbia Business School. In this clip, Stiglitz discusses how income inequality differences around the ...
From the jacket: In The Great Divide, Joseph E. Stiglitz expands on the diagnosis he offered in his best-selling book The Price of Inequality and suggests ways to counter America's growing problem. Stiglitz argues that inequality is a choice – the cumulative result of unjust policies and misguided priorities.
Wealth and income inequality in the United States is large and growing. "The upper 1 percent of Americans are now taking in nearly a quarter of the nation's income every year. In terms of wealth ...
I asked Joseph Stiglitz, the Nobel Prize-winning economist who has written extensively about income inequality, in his office at Columbia Business School last week. Have a look (transcript follows):
Economist Joseph Stiglitz presented evidence in 2009 that both global inequality and inequality within countries prevent growth by limiting aggregate demand. [96] Economist Branko Milanovic , wrote in 2001 that, "The view that income inequality harms growth – or that improved equality can help sustain growth – has become more widely held in ...
One percent of Americans earn about a quarter of the income and own 40% of the wealth. "Twenty-five years ago, the corresponding figures were 12% and 3%," writes Nobel laureate economist Joseph ...
Joseph Stiglitz argues in The Price of Inequality (2012) that the economic inequality is inevitable and permanent, because it is caused by the great amount of political power the richest have. [46] He wrote, "While there may be underlying economic forces at play, politics have shaped the market, and shaped it in ways that advantage the top at ...