Portland Public Library

Inequality and instability, a study of the world economy just before the Great Crisis, James K. Galbraith

eng

Includes bibliographical references (pages 295-307) and index

illustrations

index present

non fiction

Inequality and instability

bibliography

734002425

James K. Galbraith

a study of the world economy just before the Great Crisis

Demonstrates that finance is the driveshaft that links inequality to economic instability

1. The physics and ethics of inequality : The simple physics of inequality measurement ; The ethical implications of inequality measures ; Plan of the book -- 2. The need for new inequality measures : The data problem in inequality studies ; Obtaining dense and consistent inequality measures ; Grouping up and grouping down -- 3. Pay inequality and world development : What Kuznets meant ; New data for a new look at Kuznets's hypothesis ; Pay inequality and national income: what's the shape of the curve? ; Global rising inequality: the Soros superbubble as a pattern in the data ; Appendix: On a presumed link from inequality to growth -- 4. Estimating the inequality of household incomes : Estimating the relationship between inequalities of pay and income ; Finding the problem cases: a study of residuals ; Building a deep and balanced income inequality dataset -- 5. Economic inequality and political regimes : Democracy and inequality in political science ; A different approach to political regime types ; Analysis and results ; Appendixes : I. Political regime data description ; II. Results using other political-classification schemes -- 6. The geography of inequality in America, 1969 to 2007 : Between-industry earnings inequality in the United States ; The changing geography of American income inequality ; Interpreting inequality in the United States7. State-level income inequality and American elections : Some initial models using off-the-shelf data for the 2000 election ; New estimates of state-level inequality and an analysis of the inequality-elections relationship over time ; Inequality and the income paradox in voting -- 8. Inequality and unemployment in Europe: a question of levels : An inequality-based theory of unemployment ; Region-based evidence on inequality and unemployment ; Inequality and unemployment in Europe and America ; Implications for unemployment policy in Europe ; Appendix: Detailed results and sensitivity analyses -- 9. European wages and the flexibility thesis : The problem of unemployment in Europe: a reprise ; Assessing wage flexibility across Europe ; Clustering and discriminating to simplify the picture conclusion ; Appendixes : I. Cluster details ; II. Eigenvalues and canonical correlations ; III. Correlations between canonical scores and pseudoscores -- 10. Globalization and inequality in China : The evolution of inequality in China through 2007 ; Finance and the export boom, 2002 to 2006 ; Trade and capital inflow ; Profit and capital flows into speculative sectors -- 11. Finance and power in Argentina and Brazil : The modern political economy of Argentina and Brazil ; Measuring inequality ; Sources of data ; Pay inequality in Argentina, 1994-2007 ; Pay inequality in Brazil, 1996-2007 -- 12. Inequality in Cuba after the Soviet collapse : Data on pay in Cuba ; Evolution of the Cuban economy, 1991-2005 ; Pay inequality by sector ; Pay inequality by region -- 13. Economic inequality and the world crisis