Stiglitz provides an experienced view on the economic climate created by the financial crisis of the early 21st century. This book provides critical iStiglitz provides an experienced view on the economic climate created by the financial crisis of the early 21st century. This book provides critical insights to the economic philosophy which drove the global economy off the proverbial cliff and what might be done by the government, going forward, to create the appropriate incentives for the financial community.
This book is readable, accessible and--while dark--is a respectable analysis of what went wrong before the crisis....more
This book covers the basics of microeconomics, welfare economics, macroeconomics, and how the global economy functions. I had to read this for my econThis book covers the basics of microeconomics, welfare economics, macroeconomics, and how the global economy functions. I had to read this for my economics class and enjoyed it initially as a primer for the other four books I am supposed to read for my economics class. That said, this book falls into the category of "must read, so I read it." I got all the data and nomenclature I needed from the book and took copious notes; I am not sure I really need anything else from this book. It is a great introduction to the concepts economists are aware of and make use of in their working lives.
What I will say that is negative and utterly disappointing about this book (As I say about any book that has made it past rough draft, first edition, EIGHTH EDITION, etc) is that there are numerous typos and grammatical errors one author should be able to deal with on his or their own. There were a couple of sentences where I couldn't even understand what was meant, even though English is my native tongue and I'm pretty smart and good at figuring out puzzles... That said, there are three authors for this book and I had to read this book for a class. If I were a teacher, I would give this textbook a B-. That doesn't mean I liked it.
This book is well-written, well argued and, though a bit technical at times, is approachable for the average reader. As I am currently studying the coThis book is well-written, well argued and, though a bit technical at times, is approachable for the average reader. As I am currently studying the concepts behind the material in this book, I found it an interesting critique of the subject. ...more
This book is a pretty good attempt at merging the two things Noam Chomsky talks about incessantly. The book sticks primarily to the familiar question-This book is a pretty good attempt at merging the two things Noam Chomsky talks about incessantly. The book sticks primarily to the familiar question-answer format, where Chomsky is either with the interviewer face to face, or is responding to questions in writing. The two disappointments I have are that there is a lot of repetition, sometimes in consecutive chapters/interviews. The repetitions made me question whether or not I was rereading pages and interviews, or even if the book had printing mistakes. Alas, the problem lies in the fact that so many interviews that happen at the same time likely cause Chomsky to repeat himself on certain topics. The other issues stems from the first problem. At 784 pages, this book is a pain in the ass to carry around and read because it is so big. I don't mind being that guy on the bus who is reading the anarcho-syndicalist tome on politics and language because I obviously am reading it for all the ladies to check out the size and shape of my parietal bone, but I do mind being that guy who reads books that take so long to read that he forgets what the first few chapters were about. I should just stop reading these perennial tomes and go back to playing video games.
Having said all of this negative stuff, I must say that I thoroughly enjoyed the bits about linguistics. Sometimes Chomsky can get so deep into the specialized knowledge thing that he's basically speaking another language....more