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Creating a Learning Society explains how the countries of the world went from centuries of stagnation to the enormous increases in standards of living that have marked the last two hundred and fifty years: they have learned how to learn. Yet, as Stiglitz and Greenwald make clear, markets won't succeed on their own in creating the learning society that we need. Achieving this requires good governmental policy in a variety of areas, including trade, industry, and intellectual property. Indeed, the central thesis of this book is that every policy--tax, regulation, and expenditure--affects learning, and that policymakers have been remiss in ignoring this. Some policies, such as the Washington Consensus policies foisted on developing countries by the World Bank and IMF, actually impede learning.
List of contents
Preface to the Reader's Edition
Preface to the Original Edition
Acknowledgments
Introduction
Part I. Creating a Learning Society: A New Approach to Growth, Development, and Social Progress: Basic Concepts and Analysis1. The Learning Revolution
2. On the Importance of Learning
3. A Learning Economy
4. Creating a Learning Firm and a Learning Environment
5. Market Structure, Welfare, and Learning
6. The Welfare Economics of Schumpeterian Competition
7. Learning in a Closed Economy
8. The Infant-Economy Argument for Protection: Trade Policy in a Learning Environment
Part II. Policies for a Learning Society9. The Role of Industrial and Trade Policy in Creating a Learning Society
10. Financial Policy and Creating a Learning Society
11. Macroeconomic and Investment Policies for a Learning Society
12. Intellectual Property
13. Social Transformation and the Creation of a Learning Society
14. Concluding Remarks
Notes
References
Index
About the author
Joseph Stiglitz, geboren 1943 in den USA, war Professor für Volkswirtschaft in Yale, Princeton, Oxford und Stanford, bevor er 1993 zu einem Wirtschaftsberater der Clinton-Regierung wurde. Anschließend ging er als Chefvolkswirt zur Weltbank. 2001 wurde er mit dem Nobelpreis für Wirtschaft ausgezeichnet. Stiglitz lehrt heute an der Columbia University in New York und ist ein weltweit geschätzter Experte zu Fragen von Ökonomie, Politik und Gesellschaft. Er ist Autor mehrerer Bücher.
Bruce C. Greenwald ist Professor für Finance und Asset Management an der Columbia University Graduate School of Business. Seine Value-Investing-Kurse werden auch von vielen Wall-Street-Professionals besucht.
Summary
A streamlined edition of the book that restored the role of government in promoting science and technology.
Report
"[A] sweeping work of macroeconomic theory." Harvard Business Review
