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" "
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 Problem" and "Macroeconomic"s.
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