Whither Socialism?

by Joseph E. Stiglitz

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0262691825
• ISBN13: 9780262691826
• Release Date: January 1996
• Publisher: MIT Press
• Length: 352 Pages
• Weight: 1.06 lbs.
• Dimensions: 0.7" x 5.7" x 9.1"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher