Whither Socialism?
Whither Socialism? by Joseph E. Stiglitz, published by MIT Press in 1994, is a first edition that spans 338 pages. In this work, Stiglitz expands on the Wicksell Lectures he delivered at the Stockholm School of Economics, addressing the economic policy and theory challenges faced by nations transitioning from market socialism to market economies. He critiques the prevailing neoclassical economic model and introduces his alternative paradigm, which emphasizes the economics of information.
Readers will find a thorough examination of the theoretical and practical dynamics of market economies, socialism, and market socialism. Stiglitz’s analysis provides insights into the complexities of economic transitions and the implications of different economic frameworks. This edition serves as a significant contribution to the discourse on economics, making it relevant for those interested in business and economics.
Official synopsis Publisher
Expanding on the Wicksell Lectures he presented at the Stockholm School of Economics in April 1990, Stiglitz (economics, Stanford U.; member, President Clinton’s Council of Economic Advisers) explores the issues of both economic policy and theory now confronting nations in transition from market socialism to market economies. He presents a critique of the dominant neoclassical or Walrasian economic model, and presents his own alternative paradigm, based on an economics of information which delves more deeply into the theoretical and practical workings of market economies, socialism, and market socialism. Annotation copyright Book News, Inc. Portland, Or.
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