{"product_id":"the-origins-of-inequality-9780198799597","title":"The Origins of Inequality","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eJoseph E. Stiglitz is a brilliant academic, public servant, and public intellectual who has made significant contributions to economics. His book \"The Price of Inequality\" gathers together and extends his lifelong work, drawing upon the challenges and insights of each of these phases of his career. He explains that inequality does not largely arise from differences in savings rates between capitalists and others, but rather from the rules of the game, which have weakened the bargaining power of workers and increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality and how changes in technology such as AI and robotization will make matters worse. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 880 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 13 August 2024\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Oxford University Press\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003eJoseph E. Stiglitz, a renowned academic, has achieved numerous accolades throughout his career. He has been awarded the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and has received honorary degrees from prestigious universities such as Harvard, Cambridge, and Oxford. He has also been elected to the National Academy of Sciences, the American Academy of Arts and Letters, the Royal Society, and the British Academy. In addition to his academic achievements, Stiglitz has served as a public servant, holding positions such as Chair of President Clinton's Council of Economic Advisors, Chief Economist, and Senior Vice President of the World Bank. He has also led international commissions for the United Nations and France and has been awarded the French Legion of Honor and Australia's Sydney Peace Prize. Stiglitz's passion for economics stems from his early experiences with inequality and discrimination. He has dedicated his career to understanding the causes of inequality and developing policies to address it. In a seminal paper written fifty years ago, Stiglitz laid the foundation for analyzing intergenerational transfer of wealth and advantage, which plays a crucial role in persistent inequality. His work has since expanded to encompass the current state of inequality, which he describes as a result of centrifugal forces that increase inequality and centripetal forces that reduce it. In recent decades, the centrifugal forces have strengthened, while the centripetal forces have weakened. Stiglitz's general theory provides a framework for understanding the marked growth in inequality in recent decades and for devising policies to reduce it.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 246 x 171 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9780198799597\u003c\/p\u003e","brand":"JosephStiglitz","offers":[{"title":"Paperback \/ softback","offer_id":47210610262266,"sku":"9780198799597","price":37.49,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/files\/1742580476683_book.jpg?v=1742737270","url":"https:\/\/shulphink.com\/products\/the-origins-of-inequality-9780198799597","provider":"Shulph Ink","version":"1.0","type":"link"}