Whither Socialism? (Wicksell Lectures)

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9780262691826: Whither Socialism? (Wicksell Lectures)
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"A disproportionate amount of the best in modern economics isStiglitz's creation. This book uses it to illuminate a classicquestion concerning the organization of the public side of ourlives. Judged in terms of both depth and reach, this elegantlywritten volume is never less than what we have come to expectfor one of the most significant social thinkers of our time." Partha Dasgupta, University of Cambridge "Whither Socialism? is to be recommended. It offersdeep new thinking on a big subject: the role of the state.It is rigorous and accessible, a rare combination." The Economist

Reseña del editor:

The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies.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.The Wicksell Lectures

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Stiglitz, Joseph E.
Editorial: The MIT Press (1996)
ISBN 10: 0262691825 ISBN 13: 9780262691826
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Descripción The MIT Press, 1996. Paperback. Estado de conservación: New. book. Nº de ref. de la librería 0262691825

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Joseph E. Stiglitz
Editorial: The MIT Press (1996)
ISBN 10: 0262691825 ISBN 13: 9780262691826
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Descripción The MIT Press, 1996. Paperback. Estado de conservación: New. Nº de ref. de la librería DADAX0262691825

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Joseph E. Stiglitz
Editorial: MIT Press Ltd, United States (1996)
ISBN 10: 0262691825 ISBN 13: 9780262691826
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Descripción MIT Press Ltd, United States, 1996. Paperback. Estado de conservación: New. Revised ed.. 226 x 145 mm. Language: English . Brand New Book. The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith s invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies. 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. Nº de ref. de la librería AAU9780262691826

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Joseph E. Stiglitz
Editorial: MIT Press Ltd, United States (1996)
ISBN 10: 0262691825 ISBN 13: 9780262691826
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The Book Depository
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Descripción MIT Press Ltd, United States, 1996. Paperback. Estado de conservación: New. Revised ed.. 226 x 145 mm. Language: English . Brand New Book. The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith s invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies. 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. Nº de ref. de la librería AAU9780262691826

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Joseph E. Stiglitz
Editorial: MIT Press Ltd
ISBN 10: 0262691825 ISBN 13: 9780262691826
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Descripción MIT Press Ltd. Paperback. Estado de conservación: new. BRAND NEW, Whither Socialism?, Joseph E. Stiglitz, The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies. 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. Nº de ref. de la librería B9780262691826

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Stiglitz, Joseph E.
Editorial: MIT Press Ltd (1996)
ISBN 10: 0262691825 ISBN 13: 9780262691826
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Descripción MIT Press Ltd, 1996. Estado de conservación: New. 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. Series: Wicksell Lectures. Num Pages: 352 pages, 10. BIC Classification: JPFF; KCA; KCS. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 229 x 151 x 13. Weight in Grams: 568. . 1996. New edition. Paperback. . . . . . Nº de ref. de la librería V9780262691826

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Stiglitz, Joseph E.
Editorial: MIT Press Ltd
ISBN 10: 0262691825 ISBN 13: 9780262691826
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Descripción MIT Press Ltd. Estado de conservación: New. 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. Series: Wicksell Lectures. Num Pages: 352 pages, 10. BIC Classification: JPFF; KCA; KCS. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 229 x 151 x 13. Weight in Grams: 568. . 1996. New edition. Paperback. . . . . Books ship from the US and Ireland. Nº de ref. de la librería V9780262691826

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Stiglitz, Joseph E.
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Descripción Estado de conservación: New. Depending on your location, this item may ship from the US or UK. Nº de ref. de la librería 97802626918260000000

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Joseph E Stiglitz
Editorial: MIT Press (1996)
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Descripción MIT Press, 1996. PAP. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería WM-9780262691826

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Stiglitz, Joseph E.
Editorial: Mit Pr (1996)
ISBN 10: 0262691825 ISBN 13: 9780262691826
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Descripción Mit Pr, 1996. Estado de conservación: New. Nº de ref. de la librería EH9780262691826

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