This is one of those rare books that is enjoyable for both individuals who have studied economics and those who have never taken an econ. class. The book is very well written—seamlessly weaving together a variety of facts and findings from various disciplines with current economic conditions at both the international and domestic level in a way that one is led inexorably to agree with Stiglitz's conclusions about the need for more equitable distribution.
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
Stiglitz presents an overwhelming (and sometimes excessive) case to describe the development of inequality in the US (and elsewhere). There is so much information that it is somewhat tiresome (or at least daunting) at times. He's probably a bit extreme in painting "corporations" or "bankers" as bad guys since sometimes the stockholders of those corporations are many, many "common" folk that either believe in the company and/or rely on the dividends paid by the company. So, not everything is done for the "fat cats" at the top -- some decisions are made because the vast proportion of stockholders "demand" it.
The description of the building inequality over decades.
Stiglitz paints such a dire picture that it's hard to see his suggestions being remotely implemented given the state of political discourse nowadays. Maybe he could have described some reasonable or possible smaller bites at the apple that might at least start us moving in the right direction (or slowing down our momentum of making things worse).
This is an important book to understanding the machinations occuring behind the scandals, bailouts, recessions, unemployment and many other factors widening the gulf between the haves and have-nots. The elimination of the middle-class is characterized as the short-sighted goal of the super-rich and the giant corporations.
Very clear enunciation and pleasant tone add to an upbeat performance, which must be difficult considering the breadth of the material and the potentially disheartening information.
The book is so engaging that I would have loved to have listened to this book in one sitting, but it is too thorough and lengthy to accomplish that feat. However, the length of the book should not dissuade anyone from reading it.
Though Stiglitz is not above lashing out at the political right, the financial elite, giant corporations, and military expenditures he provides a depth of facts and examples that support his positions. It is hard to disagree with his position when it is so well illuminated. It will be hard to passively watch the news after reading this book.
Not applicable. This is a non-fiction book by a Nobel prize-winning economist and former chairman of the Council of Economic Advisers in the Clinton administration.
If you are already depressed about the state of the American economy and American society, this book isn't going to make you feel any better.
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.
A thorough and thoughtful analysis of the social and economic forces shaping the plight of millions. Engaging, informative and relevant.
Unfortunately, the narrator reads as if standing in front of economically ignorant highschool freshmen. How about trying to read to adults for a change!
I enjoyed the book though I didn't agree with some of the ideas and conclusions. It's good to hear intelligent arguments even if I don't agree with them.
A hybrid perspective
A very gripping description of what research has to say about where we are going as a nation. I was transfixed throughout the narration as I took in all of the data. I can't recommend this too highly.
This is a really thoughtful, well-argued book. You will gain valuable new perspectives on economics and American society from reading it.