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Creating a Learning SocietyA New Approach to Growth, Development, and Social Progress$
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Joseph Stiglitz and Bruce Greenwald

Print publication date: 2014

Print ISBN-13: 9780231152143

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231152143.001.0001

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Further Considerations

Further Considerations

Chapter:
(p.488) Chapter Nineteen Further Considerations
Source:
Creating a Learning Society
Author(s):

Joseph E. Stiglitz

Bruce C. Greenwald

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231152143.003.0019

This chapter presents a discussion by the book's two authors, Joseph Stiglitz and Bruce Greenwald. Stiglitz says that the main point of this lecture is to pose the question that Ken Arrow emphasizes (in Chapter 22), which is, How do we create societies that are better at learning? How do we solve these problems of moving people, firms, and societies to the “frontier”? Greenwald says that the whole thrust of their work is that, in practice, information dissemination and absorption looks much more important than information creation. What is needed to achieve more efficient information dissemination and absorption is some sort of institutional structure.

Keywords:   Joseph Stiglitz, Bruce Greenwald, commentary, learning society, information dissemination, information absorption

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