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The price of inequality



Nobel Laureate Joseph Stiglitz explains why we are experiencing such destructively high levels of inequality - and why this is not inevitable.

The social impact of inequality is now increasingly understood - higher crime, health problems and mental illness, lower educational achievements and life expectancy. But what are the causes of inequality, why is it growing so rapidly and what are its economic and political impacts? In this exceptional book Joseph Stiglitz gives the answers.

He shows how, left to their own devices, markets are neither efficient nor stable and tend to accumulate money in the hands of the few rather than engender competition, producing slower growth and lower GDP. He also demonstrates how political institutions, far from countering these trends, often enhance them. Arguing that 'another world is possible', The Price of Inequality provides a powerful, vital critique of free-market ideas.


Availability

2015-5038650 STI PPurnomo Yusgiantoro Center LibraryAvailable
2015-4754650 STI PPurnomo Yusgiantoro Center LibraryAvailable

Detail Information

Series Title
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Call Number
650 STI P
Publisher Penguin Books : United States of America.,
Collation
523 p. ; 20 cm.
Language
English
ISBN/ISSN
9780718197384
Classification
650
Content Type
-
Media Type
-
Carrier Type
-
Edition
-
Subject(s)
Specific Detail Info
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Statement of Responsibility

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