| Description |
xiv, 660 pages : illustrations ; 24 cm. |
| Series |
Kenneth J. Arrow lecture series |
|
Kenneth J. Arrow lecture series (New York, N.Y.)
|
| Bibliography |
Includes bibliographical references (pages 589-623) and index. |
| Contents |
Creating a learning society: a new approach to growth, development, and social progress: basic concepts ; The learning revolution ; On the importance of learning ; a learning economy ; Creating a learning firm and a learning environment ; Market structure, Welfare, and learning ; The welfare economics of Schumpeterian Competition -- Part 2: Analytics ; Learning in a closed economy-the basic model ; A two-period, N-good model with endogenous labor supply ; Learning with monopolistic competition ; Long-term growth and innovation ; The infant-economy argument for protection: Trade policy in a learning environment -- Part 3: Policies for a learning society. The role of industrial and trade policy in creating a learning society ; Financial policy and creating a learning Society ; Macroeconomic and investment policies for a learning society ; Intellectual property ; Social transformation and the creation of a learning society ; Including remarks -- Part 4: Commentary and afterword. Introductory remarks for the First Annual Arrow Lecture, by Michael Woodford ; Further considerations, by Joseph E. Stiglitz and Bruce C. Greenwald ; Commentary: The case for industrial policy, by Philippe Aghion ; Commentary, by Robert Solow ; Commentary, by Kenneth Arrow -- Afterword: Rethinking industrial policy, by Philippe Aghion -- Notes -- references -- Notes on contributors -- Index. |
| Summary |
"In Creating a Learning Society, Joseph E. Stiglitz and Bruce C. Greenwald cast light on the significance of this insight for economic theory and policy. Taking as a starting point Kenneth J. Arrow's 1962 paper "Learning by Doing," they explain why the production of knowledge differs from that of other goods and why market economies alone typically do not produce and transmit knowledge efficiently. Closing knowledge gaps and helping laggards learn are central to growth and development. But creating a learning society is equally crucial if we are to sustain improved living standards in advanced countries."--Publisher's description. |
|
Profound and dazzling. In their new book, Joseph E. Stiglitz and Bruce C. Greenwald study the human wish to learn and our ability to learn and so uncover the processes that relate the institutions we devise and the accompanying processes that drive the production, dissemination, and use of knowledge. The authors' analysis provides the foundations of an understanding of the progress and regress of nations. This is social science at its best. -- Partha Dasgupta, University of Cambridge. |
| Subject |
Social learning.
|
|
Information society.
|
|
Progress.
|
|
Information society. (OCoLC)fst00972767
|
|
Progress. (OCoLC)fst01078723
|
|
Social learning. (OCoLC)fst01122621
|
| Added Author |
Greenwald, Bruce C., 1946- author.
|
| ISBN |
9780231152143 (cloth ; alk. paper) |
|
0231152140 (cloth ; alk. paper) |
|
9780231525541 (ebook) |
| Standard No. |
40023903200 |
|
