LEADER 06083nam 2200673 450 001 9910822377203321 005 20230126204549.0 010 $a0-231-52554-0 024 7 $a10.7312/stig15214 035 $a(CKB)2560000000151836 035 $a(EBL)1634852 035 $a(SSID)ssj0001181275 035 $a(PQKBManifestationID)11651435 035 $a(PQKBTitleCode)TC0001181275 035 $a(PQKBWorkID)11142155 035 $a(PQKB)11756832 035 $a(StDuBDS)EDZ0000964672 035 $a(MiAaPQ)EBC1634852 035 $a(DE-B1597)458519 035 $a(OCoLC)877769613 035 $a(OCoLC)935423554 035 $a(DE-B1597)9780231525541 035 $a(Au-PeEL)EBL1634852 035 $a(CaPaEBR)ebr10864376 035 $a(CaONFJC)MIL608958 035 $a(EXLCZ)992560000000151836 100 $a20140511h20142014 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCreating a learning society $ea new paradigm for development and social progress /$fJoseph E. Stiglitz and Bruce Greenwald 210 1$aNew York :$cColumbia University Press,$d2014. 210 4$dİ2014 215 $a1 online resource (677 p.) 225 1 $aKenneth J. Arrow Lecture Series 300 $aDescription based upon print version of record. 311 $a0-231-15214-0 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tPreface --$tAcknowledgments --$tIntroduction --$tPart One. Creating a Learning Society --$tChapter One. The Learning Revolution --$tChapter Two. On the Importance of Learning --$tChapter Three. A Learning Economy --$tChapter Four. Creating a Learning Firm and a Learning environment --$tChapter Five. Market Structure, welfare, and Learning --$tChapter Six. The Welfare Economics of Schumpeterian Competition --$tPart Two. Analytics --$tChapter Seven. Learning in a Closed economy-the Basic Model --$tChapter Eight. A two-Period, N-Good Model with endogenous Labor Supply --$tChapter Nine. Learning with Monopolistic Competition --$tChapter Ten. Long-term Growth and innovation --$tChapter Eleven. The Infant-Economy Argument for Protection: Trade Policy in a Learning environment --$tPart Three. Policies for a Learning Society --$tChapter Twelve. The role of industrial and trade Policy in Creating a Learning Society --$tChapter Thirteen. Financial Policy and Creating a Learning Society --$tChapter Fourteen. Macroeconomic and investment Policies for a Learning Society --$tChapter Fifteen. Intellectual Property --$tChapter Sixteen. Social transformation and the Creation of a Learning Society --$tChapter Seventeen. Concluding remarks --$tPart Four. Commentary and Afterword --$tChapter Eighteen. Introductory remarks for the First Annual Arrow Lecture /$rWoodford, Michael --$tChapter Nineteen. Further Considerations /$rStiglitz, Joseph E. / Greenwald, Bruce C. --$tChapter Twenty. Commentary: the Case for industrial Policy /$rAghion, Philippe --$tChapter Twenty-one. Commentary /$rSolow, Robert --$tChapter Twenty-two. Commentary /$rArrow, Kenneth J. --$tAfterword: Rethinking industrial Policy /$rAghion, Philippe --$tNotes --$tReferences --$tNotes on Contributors --$tIndex 330 $aIt 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 how the 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. The volume concludes with brief commentaries from Philippe Aghion and Michael Woodford, as well as from Nobel Laureates Kenneth J. Arrow and Robert M. Solow. 410 0$aKenneth J. Arrow lectures. 606 $aSocial learning 606 $aInformation society 606 $aProgress 615 0$aSocial learning. 615 0$aInformation society. 615 0$aProgress. 676 $a303.3/2 700 $aStiglitz$b Joseph E.$0303847 702 $aGreenwald$b Bruce C. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910822377203321 996 $aCreating a learning society$93956761 997 $aUNINA