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People, Power, and Profits


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The Nobel Prize-winning economist and best-selling author challenges us to throw off the free market fundamentalists and reclaim the economy

About the Author

Joseph E. Stiglitz was Chairman of the President's Council of Economic Advisers 1995-7 and Chief Economist at the World Bank 1997-2000. He won the Nobel Prize for Economics in 2001 and is the bestselling author of Globalization and Its Discontents, The Roaring Nineties, Making Globalization Work, Freefall, The Price of Inequality, The Great Divide and The Euro, all published by Penguin.


This eminent economist provides an authoritative defence of government intervention using mainstream economics and a justification for how to build a fairer society without sacrificing growth -- Gavin Jacobson * Financial Times *
His conclusions are bleak, his prescriptions radical -- Gerard Baker * The Times *
People, Power, and Profits builds on Stiglitz's earlier work and adds some pretty big ambitions -- Daniel W. Drezner * The New York Times *
Urgent ... Unless rising inequality caused by mismanaged globalization, financial liberalization, and destabilizing technological change is addressed, Stiglitz argues, nostrum-peddling demagoguery will find a receptive audience * New Yorker *

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