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A review by banandrew
The Price of Inequality: How Today's Divided Society Endangers Our Future by Joseph E. Stiglitz
3.0
3.5/5
Pros:
- The last 41% of the book is notes and references. Always a good sign.
- Joseph Stiglitz is incredibly knowledgeable and does a good job of bringing economic concepts to readers not versed in the subject without dumbing it down. At very least, I didn't feel patronized by the subject appearing watered down, though someone more knowledgeable might disagree.
- Very recent. Published this summer, and incredibly relevant right now.
Cons:
Unnecessarily long---not because he has a ton of material (though it is a lot), but more because he has a tendency to repeat himself (to the point of being patronizing). I can understand closing a chapter by quickly reviewing what that chapter covered, but every section of every chapter would also recap by reminding the reader of all previous sections they just read from that same chapter. His last chapter (aka "how to fix all the problems introduced in ch. 1-9") could have mostly been replaced with "take all of the bad practices I described that are happening and do the opposite of them."
The book starts out slowly, especially if you even moderately keep up with current events (i.e. the Occupy movement, the housing bubble and generally its main causes, numbers about how large inequality is right now), but really picks up around ch. 4/5 and is an easier read from there until the end. Stiglitz even goes so far as todo look more like bring in topics like social capital to describe the current economic situation. Interesting book from a qualified and accomplished man and probably worth your time to read.
Pros:
- The last 41% of the book is notes and references. Always a good sign.
- Joseph Stiglitz is incredibly knowledgeable and does a good job of bringing economic concepts to readers not versed in the subject without dumbing it down. At very least, I didn't feel patronized by the subject appearing watered down, though someone more knowledgeable might disagree.
- Very recent. Published this summer, and incredibly relevant right now.
Cons:
Unnecessarily long---not because he has a ton of material (though it is a lot), but more because he has a tendency to repeat himself (to the point of being patronizing). I can understand closing a chapter by quickly reviewing what that chapter covered, but every section of every chapter would also recap by reminding the reader of all previous sections they just read from that same chapter. His last chapter (aka "how to fix all the problems introduced in ch. 1-9") could have mostly been replaced with "take all of the bad practices I described that are happening and do the opposite of them."
The book starts out slowly, especially if you even moderately keep up with current events (i.e. the Occupy movement, the housing bubble and generally its main causes, numbers about how large inequality is right now), but really picks up around ch. 4/5 and is an easier read from there until the end. Stiglitz even goes so far as to