CiteWeb id: 20120000108

CiteWeb score: 2447

In this timely book, Stiglitz argues that inequality is both the cause and consequence of the failure of political systems and can lead to the failure of economic systems. He identifies three major themes: how markets don't work the way they are supposed to; how political systems fail to correct the shortcomings of the market; and how current economic and political systems are fundamentally unfair. Stiglitz draws on his deep understanding of economics to show that inequality is not inevitable.