The Price of Inequality: How Today's Divided Society Endangers Our Future by Joseph E. Stiglitz Page B

396
    Treasury Department, U.S., 61, 246, 253, 258, 353, 369
    Tremonti, Giulio, 389
    trust, 115, 120, 121–26, 134, 346
    Turing, Alan, 41
    Turkey, 22, 23
    unemployment, xii, xv, 11–12, 13, 74, 89, 91, 179, 207, 393
       extent of, 1, 10–11, 15, 75, 301, 302
       macroeconomic policies affecting, 38, 61, 62, 64, 82, 85, 86, 230, 231, 236, 237, 238, 239, 240, 241, 242, 251, 259, 260, 261, 262, 263, 379
       in manufacturing, 54, 56, 57, 232–33, 285, 321
       political importance of, 251–52
       stimulus package’s effect on, 232, 236
       underreporting of, 11, 15, 291, 304–5
       of youth, x, xviii–xix, 12, 265
    unemployment insurance, xv, 11–12, 16, 23, 74, 210, 211, 218, 229, 242, 276, 291, 301, 355, 381, 384, 385
    Unequal Democracy: The Political Economy of the New Gilded Age (Bartel), xxiv
    Union Carbide, 189
    United Automobile Workers (UAW), 57
    United Kingdom, 21, 129, 214
       austerity in, 220, 231
       economic mobility in, 18, 19
       financial crisis response in, 171, 362–63
       privatization in, 176, 316, 364
    United Nations Development Program (UNDP), 22
    United States:
       alternative futures of, 289
       average tax rate in, 72–73
       battle of ideas in, 154–55, 157–59, 162–86
       changing social patterns in, 14–15
       class distinctions in, xvi–xvii, 20, 180, 292
       consumption in, 13, 54, 84–85, 86, 89, 104–6, 183, 233, 234, 235, 244, 311, 380, 385
       cost of living in, 366
       crime in, 15
       economic history of, 4–5, 6
       economic mobility in, xv, 4, 5, 18–19, 25, 94, 117, 147, 265, 267, 307
       educational attainment in, 55
       family stresses in, 10, 14, 26, 95, 106, 169–70
       global influence of, xii, 137–38, 143–44, 145, 155, 254, 277–78
       globalization’s effect in, 62, 63, 64, 184
       income inequality in, 2, 3, 4, 7–8, 9, 22, 24, 25, 26, 27, 29, 30, 53, 54, 55, 56, 57, 71, 72, 77, 79–80, 81, 85, 86, 127, 153, 178, 183, 202, 233, 240, 241, 267, 294–95, 296, 297, 298, 299, 300, 311, 328, 332, 335
       inequality cycle in, xi, xii, xiv, xx, xxii, 3–4, 18, 31, 76, 77, 82, 86–89, 91, 267
       infant and maternal mortality in, 14, 302, 303
       international comparisons to, 21–24, 25, 52, 73, 97, 98, 183, 309, 366
       labor force polarization in, 8–9, 56, 79, 80, 133, 277
       liberty in, 190
       life expectancy in, 14, 303
       lifetime inequality in, 26, 311
       living standards in, xii, 14–15, 16, 24, 25, 26, 95, 98, 99, 183–84, 240, 266, 267, 268
       median income in, 22, 295–96, 297, 299, 300
       neighborhood segregation in, 75–76
       opportunity in, xv, 3, 4, 17–20, 25, 75–76, 94–95, 108, 116, 117, 126, 127, 160, 265, 266, 268, 273, 275, 282, 287, 290
       poverty in, 16–17, 26, 27, 38, 84, 298, 305, 306, 311, 332; see also poor
       value system of, xv, xvii, xx, 144, 187, 266, 288, 289, 292
       wealth distribution in, 2, 3, 7, 8, 13–14, 24, 25, 32, 38, 56, 70, 72, 73, 76, 80, 82, 91, 93, 108, 147, 167, 171, 172, 202, 275, 295, 384
        see also economy, U.S.; government, U.S.; politics, U.S.
    Universal Declaration of Human Rights, 289, 323
    uranium, 176
    Uruguay Round Trade Agreement, 140
    U.S. Enrichment Corporation (USEC), 176–77
    Uzbekistan, 122–23
    Vanity Fair, xi
    Venezuela, 40, 138
    Verizon, 44, 203
    Volcker, Paul, 248, 314
    voting, 119–21, 137, 288, 325, 351, 355
       cost to, 119–20, 350
       disenfranchisement in, 129–31, 133, 134, 135, 345, 349
       mandatory, 135, 286, 352
    voting paradox, 119–20, 352
    wages, 8, 9, 29, 38, 39, 52, 53–57, 60, 61, 63, 65, 67, 68, 69, 79, 91, 229, 230, 233, 236, 263, 327, 335
       cost of living adjustments to, 393
       discrimination in, 68, 69
       efficiency and, 102–4, 340
       globalization’s effect on, 60, 61, 63, 277
       Great Recession’s effect on, 29, 57, 65, 67, 91, 231, 241, 242, 265, 328, 384
       inflation and,