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The Great Divide

Building on the international bestseller Globalization and Its Discontents, Joseph E. Stiglitz offers here an agenda of inventive solutions to our most pressing economic, social, and environmental challenges, with each proposal guided by the fundamental insight that economic globalization continues to outpace both the political structures and the moral sensitivity required to ensure a just and sustainable world. As economic interdependence continues to gather the peoples of the world into a single community, it brings with it the need to think and act globally. This trenchant, intellectually powerful, and inspiring book is an invaluable step in that process.

The 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 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. 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.

An insider's analysis of the major institutions of globalization. Economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the 1990s including stints as chairman of the Council of Economic Advisors and chief economist at the World Bank. Particularly concerned with the plight of the developing nations he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations.

A világ eddigi legprosperálóbb tíz évének története A globalizáció és visszásságai Nobel-díjas szerzőjének új könyve az 1990-es évek gazdasági fellendülésének és hanyatlásának érdekfeszítő történetével foglalkozik - hogyan és miért zajlottak ezek a folyamatok, miként szóródtak szét a pusztulás magvai a látszólagos virágzás időszakában, és miként nem tanul a mai napig sem Amerika, sem a világ a hibákból.