a new approach to growth, development, and social progress Stiglitz, Joseph E. 1943- creator Greenwald, Bruce C. (Bruce Corman Norbert) 1946- text bibliography nyu 2014 monographic eng

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xiv, 660 pages : illustrations ; 24 cm. "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." 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 Joseph E. Stiglitz and Bruce Greenwald ; with commentary and contributions from Philippe Aghion, Kenneth J. Arrow, Robert M. Solow, and Michael Wood Ford. Includes bibliographical references (pages 589-623) and index. Social learning Aprendizaje social Information society Sociedad de la información Progress Progreso HQ 783 S855c 2014 303.3/2 9780231152143 (cloth : alk. paper) 0231152140 (cloth : alk. paper) DLC 140109 20240109133324.0 eng