The study of poverty and inequality has been thrust into the foreground as scholars and policymakers respond to the spectacular increase in economic inequality and the slowing or reversal of long-standing downward trends in other forms of inequality. The Grusky Social Stratification reader, which has been the mainstay of the field for more than a decade, has now been revised to reflect ongoing changes in the structure of inequality and the tools that scholars have used to understand these changes. In this heavily updated third edition, the history of the field unfolds in systematic fashion, with introductory articles in each section providing examples of the classical work that laid the conceptual or methodological foundation and the remaining chapters introducing students to the cutting-edge work that builds on that foundation and moves it forward. The resulting collection is comprehensive, interdisciplinary, and methodologically diverse.