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The Price of Inequality: The Avoidable Causes and Invisible Costs of Inequality

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The top 1 percent have the best houses, the best educations, the best doctors, and the best lifestyles, but there is one thing that money doesn't seem to have bought: an understanding that their fate is bound up with how the other 99 percent live. Throughout history, this is something that the top 1 percent eventually do learn - too late. In this timely book, Joseph Stiglitz identifies three major causes of our predicament: that markets don't work the way they are supposed to (being neither efficient nor stable); how ...

The Price of Inequality: The Avoidable Causes and Invisible Costs of Inequality 2012, Allen Lane, London

ISBN-13: 9781846146930

Hardcover

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