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The Price of Inequality Paper 3

Introduction and Chapter 1

DUE 10/24

50 points

Directions

The purpose of this assignment is for you to engage and reflect upon the 2 supplemental texts, to assimilate and master the information in them and to think about the arguments that the authors make. Each paper should be about 5 pages in length. But if you feel you need more space for fuller explication, you can go beyond that. The paper should use the text to respond to the assignment questions.. The paper should use a Works Cited format. All that means is that when important information is cited in your paper, or when you are quoting directly from the text, you cite the page number(s) within the text. The purpose of this format is to enable the reader to find the information her or himself, or to check the accuracy of the information. When quoting, paraphrasing, or citing significant information or significant claims you should cite within the text. For example: Alexander observed (20) that “For more than one hundred years, scholars have written about the illusory nature of the Emancipation Proclamation.” You do not have to write out On page 20 Alexander observed that “For more than…….

(See Writing Tips)

Remember Stiglitz tends to be a very organized and structured writer, after the main premise is stated, he then substantiates his argument, elaborating his claims with examples and illustrations.

In Chapters 5, 6, and 7 Stiglitz argues that moneyed interests (the top 1%) get their way in several battlegrounds that are related to the distribution of the economic pie; battles in the political arena, in the battle to establish perceptions of economic reality, and the battle over the laws and regulations that govern the economy. Write a 5 pages (or more) essay in which you summarize what you feel to be the most salient points that Stiglitz makes using examples in each of these 3 areas.…...

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