I think it is easier to listen but the print or Kindle (which I have) version helps with tables, charts, and statistics provided in the text. In order to recall it later I find that it helps to read as well as hear that type of material. Also, the book contained detailed footnotes and references. By having the print version, I was able to look up reference materials and read it myself.
This is nonfiction but there is nonetheless a story line tracing the development of inequality over the 20th Century. The most important message is that inequality hurts everyone including those at the top and that a certain amount of income and wealth leveling is good for everyone.
Near the top in terms of the importance of his perspective. Our economic system needs compassion plus enlightened self-interest.
The support and evidence that he uses to back up his views. He is not ideological, but clearly pragmatic finding things that work.
I wish our leaders would pay attention to points made in this book to make our economy work better.
It is rare that I write a review and have never started halfway through a book... but I fear I will not finish this book and find myself so disappointed that I feel compelled to write something. Joseph Stiglitz sets up soft arguments and knocks them down. He uses statistics, historical perspective and data in an unbalanced way that weaken the usefulness of his conclusions. For those looking for a serious discussion as to the costs of inequality this is not your book, sorry.
This is an outstanding explanation of the changes that have been occurring in the US, resulting in a widening gap between the very wealthy and the rest of us. Stiglitz spares neither Republicans or Democrats in explaining how our whole system has been increasingly overtaken by moneyed interests, and accordingly warped to serve their interests. If you are interested in the fate of our democracy and are concerned about the direction of the country, especially in the last couple of decades, this is a must read!
As an Economics student I must say that most of the authors in economics try to say simple things in a hard way, specially is they are neo-liberal ones.
Stiglitz makes an amazing argument and explains step by step.
This book made me structure much better my own thinking of equality and the role of government in our society.
This is a very subjective piece that attacks Capitalism and Republicans and generally exonerates the left.There is plenty of blame to go around. The author starts with his conclusion and justifies it with selected facts. I was hoping for an objective piece and this was very disappointing.
The whiney narration emphasized the tone of the book!
The title says it all. The author presents well reasoned, well documented arguments about how the average citizen is losing out to special interests.
A frightening book.
Stiglitz paints a very compelling picture of American economic inequality and its consequences for America and the world. In its descriptions of area after area of the Economy, it functions as both an explanation and a warning that American Capitalism as it is practiced today is incompatible with anyone's model of fairness, reason or simple decency. His description of "rent-seeking" (the process by which companies and individuals seek forms of subsidy to make money faster and with less effort), is clear, compelling and almost painful.
Stiglitz and Boehmer make you understand this, and once you do, you understand the fundamental problem with American economic policy and why it is that YOU as an American have bailed out the richest slice of American Economic actors (who make money by *breathing*) but not the poor people who were the victims of unscrupulous lending policies made in the name of those at the top and who are even now being evicted from homes.It is a great book that is clear and current and one that will make you angry.
Paul Boehmer's vocal timbre and reading clarity make the writings of a world-class economist more easily accessible.
In most reviews, the usual approach is to say, "blah, this and that were good" or "blah, this and that could have been improved." With Stiglitz and Boehmer, the only thing to say is: "I recommend this and I think you should hear it."If you read it, you will understand and despise, Mitt Romney.
I AGREE WITH THE LIBERAL OBSERVATIONS, BUT EXPECTED AN EMINENT PROFESSOR WOULD WRITE WITH MORE SUBSTANCE THAN A TIME MAGAZINE JOURNALIST.
I can't yet compare it to the print version, but listening has convinced me that this is an important book to read.
Why Fairness Matters