Book Review: 'Inequality and Instability,' by James K. Galbraith

For Galbraith fils, the polarization of wealth leads to economic instability
Galbraith disputes the view that inequality is the price to pay for flexible markets Illustration by Yarek Waszul

Inequality and Instability:
A Study of the World Economy Just Before the Great Crisis

By James K. Galbraith
Oxford University Press; 336pp; $29.95

 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.