What are the most important causes of the divergence according to Noah?

“The two principal causes are the financialization of the economy and the run-up in executive pay,” Timothy Noah, author of The Great Divergence: America’s Growing Inequality Crisis and What We Can Do About It, told the HPR in an interview.

What years correspond to the great divergence in inequality?

Income inequality grew through the 1980s, slackened briefly at the end of the 1990s, and then resumed with a vengeance in the aughts. In his 2007 book The Conscience of a Liberal, the Nobel laureate, Princeton economist and New York Times columnist Paul Krugman labeled the post-1979 epoch the “Great Divergence.”

When did the great divergence happen?

According to a 2020 study and dataset, the Great Divergence between northern India (from Gujarat to Bengal) and Britain began in the late 17th century. It widened after the 1720s and exploded after the 1800s.

Is the Great Divergence by Timothy Noah a good book?

“”Timothy Noah has written a graceful book on income inequality in America, based on his prize-winning 2011 series for Slate. And “The Great Divergence” is well-timed: it emerges just as inequality is being transformed, via crisis and stress, from an academic backwater into a leading issue of the age

Which is better the Great Divergence or the antidote?

“”The Great Divergence “is a welcome antidote…. I particularly recommend Noah’s list of solutions…. his book is both much needed and a delight to read.”–Andrew Hacker, “The New York Review of Books””Timothy Noah has written a graceful book on income inequality in America, based on his prize-winning 2011 series for Slate.

What makes me crazy about the Great Divergence?

But what drives me bug-nutty crazy is how a perfectly rational liberal author, who goes to great lengths to explore all possible causes of our current income disparity, can then seem to so easily reach such capricious solutions that I feel he truly wishes to penalize the successful individual.

Is the Great Divergence a good book to read?

And “The Great Divergence” is well-timed: it emerges just as inequality is being transformed, via crisis and stress, from an academic backwater into a leading issue of the age In short, this is a valuable book.”–James K. Galbraith, “Salon.com