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This book gathers together and extends to new frontiers Joseph E. Stiglitz's lifelong work, drawing upon the challenges and insights of each of these phases of his career.
List of contents
- Part I. Broader Perspectives
- 1: A Rigged Economy and What We Can Do About It
- 2: The Origins of Inequality, and Policies to Contain It
- 3: Inequality and Economic Growth
- 4: Alternative Theories of Inequality: Historical and Theoretical Perspectives
- 5: Rewriting the Rules of the Economy and the Shaping of American Inequality
- 6: Wealth and Income Distribution: New Theories Needed for a New Era
- 7: Eliminating Extreme Inequality: A Sustainable Development Goal
- Part II. The Basic Theory
- 8: Distribution of Income and Wealth Among Individuals
- 9: Intergenerational Transfers and Inequality
- 10: Explaining the New Stylized Facts of Growth and Distribution
- 11: Generalizing the Basic Model: Inequalities in Equilibrium Wealth Among Individuals with Heterogeneous Abilities and General Intertemporal Preferences
- 12: Equilibrium Income and Wealth Distributions: Balancing Centrifugal and Centripetal forces
- 13: The Role of Life Cycle Savings vs. Inherited Savings
- 14: The Role of Land and Credit in Creating Wealth Inequality
- 15: The Role of Credit and the Financial System in Creating Wealth Inequality
- 16: Monopoly, Rents, and Political Equilibrium
- 17: Distribution and Innovation (or inequality and innovation)
- 18: The Future of Inequality: Artificial Intelligence, Worker-Replacing Technological Progress and Income Distribution
- 19: Pareto Efficient Taxation and Expenditures: Pre- and Re-distribution
- Part III. Earlier Contributions
- 20: Some Further Results on the Measurement of Inequality
- 21: Simple Formulae for the Measurement of Inequality and the Optimal Linear Income Tax
- 22: Dynastic Inequality, Mobility and Equality of Opportunity
- 23: Reflections on Mobility and Social Justice, Economic Efficiency, and Individual Responsibility
- 24: Remarks on Inequality, Agency Costs, and Economic Efficiency
- 25: Credit Rationing, Tenancy, Productivity and the Dynamics of Inequality
- 26: Landlords, Tenants and Technological Innovations
- 27: Inequality and Growth
- 28: A Two-Sector, Two Class Model of Economic Growth
- 29: Capital, Wages and Structural Unemployment
- 30: Inequality and the Business Cycle
- 31: Macroeconomic Fluctuations, Inequality, and Growth
- 32: Notes on Estate Taxes, Redistribution and the Concept of Balanced Growth Path Incidence
- 33: Equality, Taxation, and Inheritance
- 34: Approaches to the Economics of Discrimination
- 35: Theories of Discrimination and Economic Policy
- 36: Inequality and Taxation
- 37: The Welfare State in the Twenty First Century
About the author
Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the (US president's) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001 and received that university's highest academic rank (university professor) in 2003.
Summary
This book gathers together and extends to new frontiers Joseph E. Stiglitz's lifelong work, drawing upon the challenges and insights of each of these phases of his career.
