Creating a Learning Society: A New Approach to Growth, Development, and Social Progress (Kenneth J. Arrow Lecture) - Hardcover

Stiglitz, Joseph E.; Greenwald, Bruce

Hardcover

ISBN 10: 0231152140 ISBN 13: 9780231152143

Verlag: Columbia Univers. Press, 2014

Inhaltsangabe

It has long been recognized that most standard of living increases are associated with advances in technology, not the accumulation of capital. Yet it has also become clear that what truly separates developed from less developed countries is not just a gap in resources or output but a gap in knowledge. In fact, the pace at which developing countries grow is largely determined by the pace at which they close that gap. Therefore, how countries learn and become more productive is key to understanding how they grow and develop, especially over the long term. In Creating a Learning Society, Joseph E. Stiglitz and Bruce C. Greenwald spell out the implications of this insight for both economic theory and policy. Taking as a starting point Kenneth J. Arrows 1962 paper Learning by Doing, they explain why the production of knowledge differs from that of other goods and why market economies alone are typically not efficient in the production and transmission of knowledge. Closing knowledge gaps, or helping laggards learn, is central to growth and development.

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Über die Autorin bzw. den Autor

Joseph E. Stiglitz is University Professor at Columbia University and a member and former chair of Columbia University's Committee on Global Thought. He was the winner of the 2001 Nobel Prize for Economics. He served on President Clinton's Council of Economic Advisors, and then joined the World Bank as chief economist and senior vice president. His most recent book is The Price of Inequality: How Today's Divided Society Endangers Our Future.

Bruce C. Greenwald is Robert Heilbrunn Professor of Finance and Asset Management at Columbia Business School. He is director of the Heilbrunn Center for Graham and Dodd Investing. His books include Value Investing: From Graham to Buffett and Beyond and Competition Demystified: A Radically Simplified Approach to Business Strategy Portfolio.

Details zur Ausgabe

• Verlag: Columbia Univers. Press
• Erscheinungsdatum: 2014
• Sprache: Englisch
• ISBN 10: 0231152140
• ISBN 13: 9780231152143
• Einband: Gebundene Ausgabe
• Anzahl der Seiten: 660
• Kontakt zum Hersteller: Columbia University Press; https://cup.columbia.edu/; ; OFFICE OF THE GENERAL COUNSEL 412 LOW MEMORIAL LIBRARY 535 W. 116THSTR; NEW YORK; NY; 10027; USA
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