The Price of Inequality
by Joseph E. Stiglitz · first published 2013
67% recommend33% neutral
Why HN recommends it
Data-driven look at how rising income gaps between rich and poor affect society and the economy, with an American focus; often cited alongside Piketty and The Spirit Level by readers interested in inequality.
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…to try to understand global economic trends since the 1980's through the prism of the 2008-crash: The Global Minotaur: America, Europe and the Future of the Global Economy by Yanis Varoufakis [1] The Price of Inequality: How Today's Divided Society Endangers Our Future By Stiglitz, Joseph E. [2] The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War by Robert J. Gordon [3] 1. https://www.amazon.com/Global-Minotaur-America-Economic-Cont...…
on “YC's Winter Reading List” ↗The Empreror of All Maladies [0] Guns Germs and Steel [1] The Price of Inequality [2] Inventing Money [3] 0: http://www.goodreads.com/book/show/7170627-the-emperor-of-al... 1: http://www.goodreads.com/book/show/1842.Guns_Germs_and_Steel 2: http://www.goodreads.com/book/show/13698866-the-price-of-ine...…
on “Interesting non-technical, non-fiction books?” ↗…Impact of Inequality: How to Make Sick Societies Healthier" by Richard G. Wilkinson And: "The Spirit Level: Why Greater Equality Makes Societies Stronger" by Richard Wilkinson and Kate Pickett And: "The Price of Inequality" by Joseph E. Stiglitz Another petition/manifesto by students from 2009: "The True Cost Economics Manifesto" https://blog.p2pfoundation.net/the-true-cost-economics-manif... "“We, the Undersigned, make…
on “Post-crash economics: have we learnt nothing?” ↗…data-driven cases on the scale and negative consequences of the increasing divide between rich and poor, I've found some good resources in Robert McChesney's The Digital Disconnect, Joseph Stiglitz's The Price of Inequality, and probably most famously Thomas Piketty's 2014 book Capital in the Twenty-First century which Gates himself even recommended, ironically enough. All these books come under criticism for supposed ideological…
on “WhatsApp Cofounder Brian Acton on Why He Left $850M Behind” ↗If anyone enjoys reading about income inequality, I also recommend Joseph Stiglitz' book called "The Price of Inequality". He speaks of inequality more from an American perspective and he's one of the thought leaders I personally like to hear from. I am a staunch Capitalist and I'd like to see another great era of America…
on “A review of Thomas Piketty’s “Capital and Ideology”” ↗The books that touches exactly that ideas are amongst other * "Capital in the Twenty-First Century" - Thomas Piketty * "The Spirit Level" - Wilkinson & Pickett * "The Price of Inequality" - Joseph Stiglitz However, at this point I wouldn't be surprised if none of these authors ring a bell. But is seems like you are perfectly able to articulate the ideas - just not to internalize them.…
on “Why America's economy is soaring ahead of its rivals” ↗…prices, economist Dean Baker gives a "most conservative high-cost scenario" of $332 billion between 2006 and 2013 (approximately $50 billion a year). Economist Joseph Stiglitz in his book entitled The Price of Inequality estimated a "middle-cost scenario" of $563 billion in savings "for the same budget window".[29]:48 Former Congressman Billy Tauzin, R–La., who steered the bill through the House, retired soon after and…
on “Mylan overcharged Medicaid for EpiPen for years, despite warnings” ↗People typically seek to maximize the return on their activities whatever their views on inequality. Thus Joseph Stiglitz, author of "The Price of Inequality: How Today's Divided Society Endangers Our Future" has no problem charging $50,000 - $100,000 for a speech thus making his income proportional to his talents. That's what most of us do. Famous politicians…
on “Mark Zuckerberg Tops Warren Buffett to Become the World’s Third-Richest Person” ↗"The Price of Inequality: How Today's Divided Society Endangers Our Future " is a book by Nobel laureate, Joseph Stiglitz. For tl;dr of that book, by the same author, is here: http://www.vanityfair.com/society/features/2011/05/top-one-p...
on “SF’s Housing Crisis Explained” ↗