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The Great Divide

Stiglitz's 2015 collection of essays documenting the specific policy choices that produced contemporary American inequality — the empirical bridge between The Price of Inequality's theoretical framework and People, Power, and Profits' constructive alternative.
The Great Divide collects Stiglitz's essays on American inequality written during 2012–2015, spanning his New York Times columns, Vanity Fair articles, and policy papers. The book documents with empirical specificity the policy choices that produced the contemporary distribution of income, wealth, and opportunity — from the 1980s tax reforms that reduced top marginal rates to the 2008 financial crisis bailouts that socialized losses while privatizing gains to the subsequent decade's continuation of concentration despite nominal reform. The collection provides the empirical substrate for the theoretical framework developed in The Price of Inequality and the policy architecture proposed in People, Power, and Profits, demonstrating through specific cases how the abstract mechanisms operate in historical time.
The Great Divide
The Great Divide

In The You On AI Field Guide

The book's essays cluster around several themes. The one percent essays trace the political and economic mechanisms by which top-end concentration intensified — tax policy, financial deregulation, intellectual property expansion, corporate governance failures, and educational

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