Created Unequal: The Crisis in American Pay

Paperback

byJames K. Galbraith

not yet rated|write a review
The boom of the U.S. economy in the late 1990s suggests that Americans are better off than they were a decade ago, but this is not true across the board and the reason, as James Galbraith explains, is wage inequality. He contends that inequality is not the result of impersonal market forces but of specific government decisions and the poor economic performance they created. Featuring a new afterword on wage shifts since 1994, Created Unequal is a rousing book that reminds us we can reclaim our country through economic understanding, commonsense policy, and political action.

"Created Unequal is not light reading, but Galbraith's elegant arguments, passionate exposition, and profound conclusions make it worth the trouble. . . . [Galbraith] remind[s] us that the economy is and ought to be run by humans, not humans by the economy."—Joanna Ciulla, Los Angeles Times Book Review

"Created Unequal is a lucid and wise explanation of why America seems to be prospering while most Americans aren't. James Galbraith takes steady aim at a variety of widely accepted economic myths and hits most of them dead center. This book will tell you a lot about the way your economic world really works."—Jeff Faux, President of the Economic Policy Institute

"[A] brilliant and iconoclastic examination of the major social trend of our time."—Michael Lind, Washington Monthly

Pricing and Purchase Info

$38.30

In stock online
Ships free on orders over $25
HURRY, ONLY 1 LEFT!

From the Publisher

The boom of the U.S. economy in the late 1990s suggests that Americans are better off than they were a decade ago, but this is not true across the board and the reason, as James Galbraith explains, is wage inequality. He contends that inequality is not the result of impersonal market forces but of specific government decisions and the ...

From the Jacket

The strong U.S. economy in the late 1990s has validated the bold thesis of this book. Created Unequal shows that America's historically high inequality of pay and incomes is not the result of impersonal market forces such as technology or trade, but of bad economic policies over several decades and the poor performance they created. Fe...

James K. Galbraith is a professor at the Lyndon B. Johnson School of Public Affairs and at the Department of Government, University of Texas at Austin, and Senior Scholar of the Jerome Levy Economics Institute. He is the author of Balancing Acts: Technology, Finance, and the American Future and coauthor of two textbooks, The Economic P...

other books by James K. Galbraith

Welcome To The Poisoned Chalice: The Destruction Of Greece And The Future Of Europe
Welcome To The Poisoned Chalice: The Destruction Of Gre...

Hardcover|Jun 21 2016

$30.66 online$33.95list price(save 9%)
The End of Normal: The Great Crisis and the Future of Growth
The End of Normal: The Great Crisis and the Future of G...

Paperback|Sep 29 2015

$15.31 online$21.00list price(save 27%)
Crise grecque, tragédie européenne
Crise grecque, tragédie européenne

Kobo ebook|May 26 2016

$26.99

see all books by James K. Galbraith
Format:PaperbackDimensions:378 pages, 9.25 × 6 × 0.9 inLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0226278794

ISBN - 13:9780226278797

Look for similar items by category:

Customer Reviews of Created Unequal: The Crisis in American Pay

Reviews

Extra Content

Table of Contents

Foreword
Preface
Acknowledgments
Part One: Ideas
1. The Crisis of Wages and Transfers
2. The Skill Fallacy
3. Monopoly Power
4. The Concept of the Wage Structure
Part Two: Evidence
5. Instability and Stagnation
6. The Three-Level Economy
7. The Patterns of Industrial Change
8. Inequality, Unemployment, Inflation, and Growth
9. Service Wages and the Investment Cycle
Part Three: Heresies
10. The NAIRU Trap
11. The New Victorians
12. Liberals Stuck on the Supply Side
Part Four: Policies
13. Interest Rates and the Central Bank
14. Inflation Control Without Unemployment
15. International Full Employment
16. The Fate of the Market
Technical Appendixes to Chapters 2, 6, 7, and 8
Notes
Bibliography
Index