Creating a Learning Society; Signed by Joseph Stiglitz, Bruce Greenwald and Robert Solow
Creating a Learning Society: A New Approach to Growth, Development, and Social Progress (Kenneth J. Arrow Lecture Series).
Stiglitz, Joseph E. and Bruce Greenwald.$500.00
Item Number: 33061
New York: Columbia University Press, 2014.
First edition. Octavo, original cloth. Signed by authors Joseph Stiglitz and Bruce Greenwald on the title page, as well as Robert Solow, who contributed to some commentary. Fine in a fine dust jacket. Includes commentaries from Philippe Aghion and Michael Woodford, as well as from Nobel Laureates Kenneth J. Arrow and Robert M. Solow.
It has long been recognized that an improved standard of living results from advances in technology, not from the accumulation of capital. 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 a function of the pace at which they close that gap. Thus, to understand how countries grow and develop, it is essential to know how they learn and become more productive and what government can do to promote learning. 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. Combining accessible prose with technical economic analysis, Stiglitz and Greenwald provide new models of "endogenous growth," up-ending thowhe thinking about both domestic and global policy and trade regimes. They show well-designed government trade and industrial policies can help create a learning society, and how poorly designed intellectual property regimes can retard learning. They also explain how virtually every government policy has effects, both positive and negative, on learning, a fact that policymakers must recognize. They demonstrate why many standard policy prescriptions, especially those associated with "neoliberal" doctrines focusing on static resource allocations, have impeded learning. Among the provocative implications are that free trade may lead to stagnation whereas broad-based industrial protection and exchange rate interventions may bring benefits―not just to the industrial sector, but to the entire economy.
Other Books by this Author
First Editions of Lord Skidelsky's Monumental Biography of J.M. Keynes; Each volume inscribed by Him
John Maynard Keynes: Hopes Betrayed 1883-1920; The Economist as Savior 1920-1037; Fighting For Britain 1937-1946.
London: Macmillan, 1983-2000.
First editions of each volume in the author’s acclaimed biography on J.M. Keynes. Octavo, 3 volumes, original cloth, illustrated. Inscribed by the author in each volume. Each are near fine with the dust jackets that show only light wear.
"Like all Israelis, I yearn for peace. I see the utmost importance in taking all possible steps that will lead to a solution of the conflict with the Palestinians": First Edition of Warrior: An Autobiography; Inscribed by Ariel Sharon
New York: Simon & Schuster, 1989.
First edition of Sharon’s autobiography. Octavo, original half cloth, illustrated. Inscribed and dated by Ariel Sharon on the half-title page. Laid in a lecture announcement by Sharon. Near fine in a fine dust jacket. Jacket design by Lawrence Ratzkin.
"The smaller the unit of government and the more restricted the functions assigned government, the less likely it is that its actions will reflect special interests rather than the general interest": First Edition of Free to Choose; Signed by Milton and Rose Friedman
New York: Harcourt, Brace, Jovanovich, 1980.
First edition of Friedmans’ persuasive argument for the free market, based on the PBS series Free to Choose. Octavo, original half cloth. Inscribed by Milton Friedman and signed by Rose Friedman. Bottom boards rubbed and some scattered foxing to the edges, in a near fine dust jacket. Housed in a custom half morocco box. Rare signed and inscribed.