Author: James K. Galbraith
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Publisher: Oxford University Press, USA
Binding: Hardcover
ISBN: 019985565X
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Inequality and Instability: A Study of the World Economy Just Before the Great Crisis
As Wall Street rose to dominate the U.Inequality and Instability review. . economy, income and pay inequalities in America came to dance to the tune of the credit cycle. As the reach of financial markets extended across the globe, interest rates, debt, and debt crises became the dominant forces driving the rise of economic inequality almost everywhere. Thus the "super-bubble" that investor George Soros identified in rich countries for the two decades after 1980 was a super-crisis for the 99 percent-not just in the URead full reviews of Inequality And Instability ....
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As Wall Street rose to dominate the US economy, income and pay inequalities in America came to dance to the tune of the credit cycle. As the reach of financial markets extended across the globe, interest rates, debt, and debt crises became the dominant forces driving the rise of economic inequality almost everywhere. Thus the 'super-bubble' that investor George Soros identified in rich countries for the two decades after 1980 was a super-crisis for the 99 percent-not just in the US but the entire world. Inequality and Instability demonstrates that finance is the driveshaft that links inequalit
Inequality And Instability UOXFT 9780199855650 09780199855650
Oxford Univ Pr 9780199855650 Inequality and Instability By Galbraith, James K. Description *Author: Galbraith, James K. *Subtitle: A Study of the World Economy Just Before the Great Crisis *Publication Date: 2012/03/30 *Number of Pages: 324 *Binding Type: Hardcover *Language: English *Depth: 1.00 *Width: 6.50 *Height: 9.50 SKU: UBM9780199855650 Payment We accept payment via PayPal, Mastercard, Visa, American Express, Discover and PayPals Bill Me Later. Note: All purchases are processed vi
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author james k galbraith format hardback language english publication year 03 05 2012 subject management business economics industry subject 2 economics professional general goddings limited presents inequality and instability a study of the world economy just before the great crisis isbn 019985565 x author james k galbraith publisher oxford university press usa date 2012 03 30 seller sku gard 0199855650 qty available 1 format hardcover condition new notes brand new book will ship 1 st class to
Inequality and Instability Reviews
. economy, income and pay inequalities in America came to dance to the tune of the credit cycle. As the reach of financial markets extended across the globe, interest rates, debt, and debt crises became the dominant forces driving the rise of economic inequality almost everywhere. Thus the "super-bubble" that investor George Soros identified in rich countries for the two decades after 1980 was a super-crisis for the 99 percent-not just in the U.S. but the entire world.
Inequality and Instability demonstrates that finance is the driveshaft that links inequality to economic instability. The book challenges those, mainly on the right, who see mysterious forces of technology behind rising inequality. And it also challenges those, mainly on the left, who have placed the blame narrowly on trade and outsourcing. Inequality and Instability presents straightforward evidence that the rise of inequality mirrors the stock market in the U.S. and the rise of finance and of free-market policies elsewhere. Starting from the premise that fresh argument requires fresh evidence, James K. Galbraith brings new data to bear as never before, presenting information built up over fifteen years in easily understood charts and tables. By measuring inequality at the right geographic scale, Galbraith shows that more equal societies systematically enjoy lower unemployment. He shows how this plays out inside Europe, between Europe and the United States, and in modern China. He explains that the dramatic rise of inequality in the U.S. in the 1990s reflected a finance-driven technology boom that concentrated incomes in just five counties, very remote from the experience of most Americans-which helps explain why the political reaction was so slow to come. That the reaction is occurring now, however, is beyond doubt. In the aftermath of the Great Financial Crisis, inequality has become, in America and the world over, the central issue.
A landmark work of research and original insight, Inequality and Instability will change forever the way we understand this pivotal topic.
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