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The Price of Inequality
Rs. 3,690.00 Rs. 2,890.00
Joseph Stiglitz
A forceful argument against America’s vicious circle of growing inequality by the Nobel Prize–winning economist.
“A definitive examination of inequality’s effects not only on the economy, but on democracy and globalization.”
― The Daily Beast
“Stiglitz’s ideas in this book will prompt wide discussion and debate.”
― Booklist
“An impassioned argument backed by rigorous economic analysis.”
― Kirkus Reviews (starred review)
“The single most comprehensive counterargument to both Democratic neoliberalism and Republican laissez-faire theories…Stiglitz’s contribution…to the public debate cannot be overestimated.”
― Thomas B. Edsall, New York Times Book Review
“A model of clarity.”
― Jared Bernstein, Rolling Stone
Only 1 left in stock
The top 1 percent of Americans control some 40 percent of the nation’s wealth. But as Joseph E. Stiglitz explains in this best-selling critique of the economic status quo, this level of inequality is not inevitable. Rather, in recent years well-heeled interests have compounded their wealth by stifling true, dynamic capitalism and making America no longer the land of opportunity that it once was.
They have made America the most unequal advanced industrial country while crippling growth, distorting key policy debates, and fomenting a divided society. Stiglitz not only shows how and why America’s inequality is bad for our economy but also exposes the effects of inequality on our democracy and on our system of justice while examining how monetary policy, budgetary policy, and globalization have contributed to its growth. With characteristic insight, he diagnoses our weakened state while offering a vision for a more just and prosperous future.
About the author
Joseph E. Stiglitz is a professor of economics at Columbia University and the recipient of a John Bates Clark Medal and a Nobel Prize. He is also the former senior vice president and chief economist of the World Bank. His books include Globalization and Its Discontents, The Three Trillion Dollar War, and Making Globalization Work. He lives in New York City.
Book Specifications
Title: The Price of Inequality
Author: Joseph Stiglitz
Language: English
Binding: Paperback
Pages: 592
Weight: 400g
Published Year: 2012
Publisher: Penguin
ISBN: 978-0718197384
Dimensions: 12.9 x 2.5 x 19.8 cm
Print size: Please feel free to drop us a message.
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From Third World to First: The Singapore Story – 1965-2000
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In this memoir, the man most responsible for Singapore’s astonishing transformation from colonial backwater to economic powerhouse describes how he did it over the last four decades. It’s a dramatic story, and Lee Kuan Yew has much to brag about. To take a single example: Singapore had a per-capita GDP of just $400 when he became prime minister in 1959. When he left office in 1990, it was $12,200 and rising. (At the time of this book’s writing, it was $22,000.) Much of this was accomplished through a unique mix of economic freedom and social control. Lee encouraged entrepreneurship, but also cracked down on liberties that most people in the West take for granted–chewing gum, for instance. It’s banned in Singapore because of “the problems caused by spent chewing gum inserted into keyholes and mailboxes and on elevator buttons.” If American politicians were to propose such a thing, they’d undoubtedly be run out of office. Lee, however, defends this and similar moves, such as strong antismoking laws and antispitting campaigns: “We would have been a grosser, ruder, cruder society had we not made these efforts to persuade people to change their ways…. It has made Singapore a more pleasant place to live in. If this is a ‘nanny state,’ I am proud to have fostered one.”
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