Æ The Great Divide À Download by è Joseph E. Stiglitz

Æ The Great Divide À Download by è Joseph E. Stiglitz Imagine an economist who doesn t have his head up his butt That s Stiglitz This is a collection, so some of the stuff is from the Bush years Still much of it is classic.
The book is a collection of Stiglitz s writings in popular media My low ratings owe mainly to the repetitiveness of the main themes and arguments in various chapters It gets very boring to read Sectional introductions are written pretty well and reading just them is sufficient in my opinion the chapters don t add much value after the sectional introductions Sorry, I cannot recommend this book First, if you re looking for scholarship, this is not it Rather it is nearly totally a collection of newspaper columns and of course we cannot expect good references for those Some of them are many years old and clearly outdated There is a little additional information some of which is documented but very little.
Another problem I find bothersome is that the book lacks an index That, for a non fiction book, is a major offense.
The author assumes, with some but not nearly enough reasoning, that disparity between the top and bottom of the income levels is a major problem In a country where most of the poor have air conditioning, big screen TVs, cars, cell phones etc that is a bit much Clearly most of us would prefer to see the poor get good jobs and take themselves out I broadly agree with Stiglitz I am not anti capitalism per se, but markets do need regulation The trend these days for governments to be slaves to ideology, at the expense of those who aren t in the 1%, is worrying, to put it mildly So this book didn t need to work hard to convince me It was a hard read though, not because of the content, which is fine for anyone with a basic grasp of economics or an interest in it, but because there is so much repetition Yes, it is a collection of essays, but he repeats the same points innumerable times, in mostly the same words, and it gets tiresome very quickly Economics is not exactly fun although, to be honest, I love it but it isn t dull, this book makes it feel that way at times.
I bought this book in hope to discover Stiglitz s conjecture on inequality, hoping to do so by reading his latest book His promotion of it on Bloomberg might have precipitated this choice If only I knew this would be a mere collection of articles of his most of which are freely available online and an interview Not that the positions he espouses in this book are particularly alien to me I just felt a bit ripped off to buy a book that only contains lots of surface level discussions of such a plethora of issues.
Neoliberalism A Very Short Introduction xii xii xvii xix trickle down.
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 With His Signature Blend Of Clarity And Passion, Stiglitz Argues That Inequality Is A Choice The Cumulative Result Of Unjust Policies And Misguided PrioritiesGathering His Writings For Popular Outlets Including Vanity Fair And The New York Times, Stiglitz Exposes In Full America S Inequality Its Dimensions, Its Causes, And Its Consequences For The Nation And For The World From Reagan Era To The Great Recession And Its Long Aftermath, Stiglitz Delves Into The Irresponsible Policies Deregulation, Tax Cuts, And Tax Breaks For The Percent That Are Leaving Many Americans Farther And Farther Beyond And Turning The American Dream Into An Ever Unachievable Myth With Formidable Yet Accessible Economic Insight, He Urges Us To Embrace Real Solutions Increasing Taxes On Corporations And The Wealthy Offering Help To The Children Of The Poor Investing In Education, Science, And Infrastructure Helping Out Homeowners Instead Of Banks And, Most Importantly, Doing To Restore The Economy To Full Employment Stiglitz Also Draws Lessons From Scandinavia, Singapore, And Japan, And He Argues Against The Tide Of Unnecessary, Destructive Austerity That Is Sweeping Across EuropeUltimately, Stiglitz Believes Our Choice Is Not Between Growth And Fairness With The Right Policies, We Can Choose Both His Complaint Is Not So Much About Capitalism As Such, But How Twenty First Century Capitalism Has Been Perverted His Is A Call To Confront America S Economic Inequality As The Political And Moral Issue That It Is If We Reinvest In People And Pursue The Other Policies That He Describes, America Can Live Up To The Shared Dream Of A Prosperous, Equal Society If you ve read one you ve read them all Stiglitz s the Price of Inequality did a better job detailing his arguments clearly and succinctly His solutions were also very reasonable and straightforward Here, there are or less very similar arguments and the same repetitive rhetoric thrown in with powerful buzz words for effect.
Since this book is a collection of articels it s a bit repetitive And those that has read some other of Stiglitz books wont find much new stuff Despite this it s a good read.
Economy might be a boring subject for the majority of readers, however, a number of economists have been trying to popularise important debates on economic issues Such arguments have caught the imaginations of several citizens concerned with their economic prospects Joseph E Stiglitz, Nobel Laureate and former chief economist of the World Bank, has raised serious concerns about the distribution of wealth in the USA in particular and across the world in general in his latest book, quite provocatively yet aptly titled The Great Divide It is a compilation of articles written for The New York Times over the past seven years.
The concept of income inequality is not a new one However, it has long been neglected by mainstream economists and policymakers Income inequality

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