Toward a Just Society : : Joseph Stiglitz and Twenty-First Century Economics / / ed. by Martin Guzman.

Joseph Stiglitz is one of the world's greatest economists. He has made fundamental contributions to economic theory in areas such as inequality, the implications of imperfect and asymmetric information, and competition, and he has been a major figure in policy making, a leading public intellect...

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Superior document:Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2018
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Place / Publishing House:New York, NY : : Columbia University Press, , [2018]
©2018
Year of Publication:2018
Language:English
Online Access:
Physical Description:1 online resource :; 57 b&w illustrations
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Other title:Frontmatter --
Contents --
Preface --
Introduction --
PART I: Inequality --
1. A Firm-Level Perspective on the Role of Rents in the Rise in Inequality --
2. Parents, Children, and Luck: Equality of Opportunity and Equality of Outcome --
3. The Middle Muddle: Conceptualizing and Measuring the Global Middle Class --
PART II: Microeconomics --
4. Companies Are Seldom as Good or as Bad as They Seem at the Time --
5. What's So Special About Two-Sided Markets? --
6. Missing Money and Missing Markets in the Electricity Industry --
7. Thoughts on DSGE Macroeconomics: Matching the Moment, But Missing the Point? --
8. The "Schumpeterian" and the "Keynesian" Stiglitz: Learning, Coordination Hurdles, and Growth Trajectories --
9. Deleterious Effects of Sustained Deficit Spending --
10. The Rediscovery of Financial Market Imperfections --
PART IV: Networks --
12. Use and Abuse of Network Effects --
13. Financial Contagion Revisited --
14. The Economics of Information and Financial Networks --
PART V: Development --
15. Joseph Stiglitz and China's Transition Success --
16. The Sources of Chinese Economic Growth Since 1978 --
17. Knowledge as a Global Common and the Crisis of the Learning Economy --
18. Conservatism and Switcher's Curse --
19. The "Inner Logic" of Institutional Evolution: Toward a Theory of the Relationship Between Formal and "Informal" Law --
PART VII: Public Policies --
20. Joe Stiglitz and Representative and Equitable Global Governance --
21. The Fiscal Opacity Cycle: How America Hid the Costs of the Wars in Iraq and Afghanistan --
22. It Works in Practice, But Would It Work in Theory? Joseph Stiglitz's Contribution to Our Understanding of Income Contingent Loans --
23. The Public Economics of Long-Term Care --
24. Jomo E. Stiglitz: Kenya's First Nobel Laureate in Economics --
List of Contributors --
Index
Summary:Joseph Stiglitz is one of the world's greatest economists. He has made fundamental contributions to economic theory in areas such as inequality, the implications of imperfect and asymmetric information, and competition, and he has been a major figure in policy making, a leading public intellectual, and a remarkably influential teacher and mentor. This collection of essays influenced by Stiglitz's work celebrates his career as a scholar and teacher and his aspiration to put economic knowledge in the service of creating a fairer world.Toward a Just Society brings together a range of essays whose breadth reflects how Stiglitz has shaped modern economics. The contributions to this volume, all penned by high-profile authors who have been guided by or collaborated with Stiglitz over the last five decades, span microeconomics, macroeconomics, inequality, development, law and economics, and public policy. Touching on many of the central debates and discoveries of the field and providing insights on the directions that academic economics could take in the future, Toward a Just Society is an extraordinary celebration of the many paths Stiglitz has opened for economics, politics, and public life.
Format:Mode of access: Internet via World Wide Web.
ISBN:9780231546805
9783110606607
9783110604252
9783110603255
9783110603101
9783110604016
DOI:10.7312/guzm18672
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: ed. by Martin Guzman.