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It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but, as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between inequality and development. The political instability and conflict that we see around the world, arguably, has connection to economic deprivation of large segments of society and the perception of marginalization. This two-volume work acquires a special significance in the light of these developments.

Economic theory. --- Welfare economics. --- Macroeconomics. --- Development economics. --- Regional economics. --- Spatial economics. --- Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Regional/Spatial Science. --- Development Economics. --- Social Choice/Welfare Economics/Public Choice. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Income distribution --- Economic development --- Social Choice/Welfare Economics/Public Choice/Political Economy. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economic policy --- Economics --- Social policy --- Regional planning --- Regionalism --- Space in economics --- Spatial economics --- Regional economics

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It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between inequality and development. The political instability and conflict that we see around the world, arguably, has connection to economic deprivation of large segments of society and the perception of marginalization. This two-volume work acquires a special significance in the light of these developments.

Welfare economics. --- Macroeconomics. --- Development economics. --- Regional economics. --- Spatial economics. --- Economics. --- Development Economics. --- Regional/Spatial Science. --- Macroeconomics/Monetary Economics//Financial Economics. --- Social Choice/Welfare Economics/Public Choice. --- Income distribution --- Economic development --- Research. --- Social aspects. --- Distribution of income --- Income inequality --- Inequality of income --- Distribution (Economic theory) --- Disposable income --- Income distribution. --- Economic development. --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Social Choice/Welfare Economics/Public Choice/Political Economy. --- Social policy --- Regional planning --- Regionalism --- Space in economics --- Spatial economics --- Regional economics

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This volume examines the role of law in economic development. It focuses on China and analyzes how the development policies and institutional characteristics of the emerging Chinese market economy might aid policymakers, in developed and developing countries, to create and reform frameworks to achieve equitable and sustained development.

Economic development --- China --- Economic policy. --- Real property --- Land use --- Law and legislation --- Economic conditions. --- E-books

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Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.

Economic Theory --- Business & Economics --- Business cycles --- Recessions --- Financial crises --- Economics --- Business cycles. --- Recessions. --- Financial crises. --- Economics. --- Economic theory --- Political economy --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Economic cycles --- Economic fluctuations --- Social sciences --- Economic man --- Crises --- Depressions --- Cycles --- Public finance. --- International economics. --- Macroeconomics. --- Political Economy/Economic Systems. --- Public Economics. --- International Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Cameralistics --- Public finance --- Currency question --- Public finances --- Economic policy. --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy

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Inequality of income and wealth has skyrocketed since the 1970s. As the super-rich have grasped the vast majority of the gains from economic growth, labor’s share of income has declined. The middle class has stagnated, and those at the bottom have become even worse off. Persistent structural discrimination on the basis of race and gender exacerbates these economic disparities.The Great Polarization brings together scholars from disparate fields to examine the causes and consequences of this dramatic rise in inequality. Contributors demonstrate that institutions, norms, policy, and political power—not the “natural” operation of the market—determine the distribution of wealth and income. The book underscores the role of ideas and ideologies, showing how neoclassical economics and related beliefs have functioned in public debates to justify inequality. Together, these essays bear out an inescapable conclusion: inequality is a choice. The rules of the economy have been rewritten to favor those at the top, entrenching the imbalances of power that widen the gap between the very rich and everyone else.Contributors reconsider the data on inequality, examine the policies that have led to this predicament, and outline potential ways forward. Using both theoretical and empirical analysis and drawing on the knowledge of experts in policy, political economy, economics, and other disciplines, The Great Polarization offers a kaleidoscopic view of the processes that have shaped today’s stark hierarchies.

Income distribution --- Social stratification --- Equality