"Joe Stiglitz, Nobel Laureate economist, is uniquely qualified to explain how the economy really works, or more precisely, how and why it’s working far better for the top 1 percent than the bottom 99 percent. That’s the topic of his new book The Price of Inequality.
The book is a model of clarity, but that's just one of its virtues.
Another is how Stiglitz frames the problem; he doesn’t start from a place of "vast inequality is a fact of life in our free-market system, and that's as it should be." He starts from a much more interesting, and frankly, humane place: "This is happening. Why? Is it a good thing? Is it the market functioning smoothly or is someone taking advantage of their power? Above all: Is society better or worse off?"