Power, People and Profits by Joseph E. Stiglitz - PDF free download eBook

4.5 from 31 reviews

Although it has some good insights such as good historical analysis of corporations market power and the disparity of...

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Details of Power, People and Profits

Exact title of the book
Power, People and Profits
Book author
Joseph E. Stiglitz
Book edition
Hardcover
Published
April 23rd 2019 by Allen Lane
File size (in PDF)
about 300 kB
Power, People and Profits

Some brief overview of book

Although it has some good insights such as good historical analysis of corporations market power and the disparity of globalization benefits, its credibility is severely damaged by (i) the political bias of the author, (ii) the lack of data and tests to justify his conclusions, and (iii) a failure in demonstrate that his proposals would be properly funded. His comments about the financial markets appear to ignore the impact that an absence of a market could cause to an economy. His comment about a potential inundation of Wall Street is disgusting.

Finally, he was silent about people behaviors and financial education.