Whither Socialism?
Autor Joseph E. Stiglitz, Anders Paalzowen Limba Engleză Paperback – 31 mar 1996
Stiglitz sees the critical failing in the standard neoclassical model underlying market socialism to be its assumptions concerning information, particularly its failure to consider the problems that arise from lack of perfect information and from the costs of acquiring information. He also identifies problems arising from its assumptions concerning completeness of markets, competitiveness of markets, and the absence of innovation. Stiglitz argues that not only did the existing paradigm fail to provide much guidance on the vital question of the choice of economic systems, the advice it did provide was often misleading.
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Specificații
ISBN-13: 9780262691826
ISBN-10: 0262691825
Pagini: 352
Ilustrații: 10
Dimensiuni: 152 x 229 x 23 mm
Greutate: 0.46 kg
Ediția:Revised
Editura: Mit Press
Locul publicării:United States
ISBN-10: 0262691825
Pagini: 352
Ilustrații: 10
Dimensiuni: 152 x 229 x 23 mm
Greutate: 0.46 kg
Ediția:Revised
Editura: Mit Press
Locul publicării:United States
Notă biografică
Joseph Stiglitz, a 2001 Nobel Laureate, is University Professor at Columbia University.
Descriere
This text proposes an alternative to the neoclassical economic model, based on the economics of information, that provides theoretical insight into the workings of a market economy and guidance for the setting of policy in transitional economies.