- Title Pages
- Chapter One The Learning Revolution
- Chapter Two On the Importance of Learning
- Chapter Three A Learning Economy
- Chapter Four Creating a Learning Firm and a Learning Environment
- Chapter Five Market Structure, Welfare, and Learning
- Chapter Six The Welfare Economics of Schumpeterian Competition
- Chapter Seven Learning in a Closed Economy—the Basic Model
- Chapter Eight A Two-Period, <i>N</i>-Good Model with Endogenous Labor Supply
- Chapter Nine Learning with Monopolistic Competition
- Chapter Ten Long-Term Growth and Innovation
- Chapter Eleven The Infant-Economy Argument for Protection
- Chapter Twelve The Role of Industrial and Trade Policy in Creating a Learning Society
- Chapter Thirteen Financial Policy and Creating a Learning Society
- Chapter Fourteen Macroeconomic and Investment Policies for a Learning Society
- Chapter Fifteen Intellectual Property
- Chapter Sixteen Social Transformation and the Creation of a Learning Society
- Chapter Seventeen Concluding Remarks
- Chapter Eighteen Introductory Remarks for the First Annual Arrow Lecture
- Chapter Nineteen Further Considerations
- Chapter Twenty Commentary
- Chapter Twenty-One Commentary
- Chapter Twenty-Two Commentary
- Notes on Contributors
- (p.1) Introduction
- Creating a Learning Society
Joseph E. Stiglitz
Bruce C. Greenwald
- Columbia University Press
This volume is the result of the first in a series of lectures to honor Kenneth J. Arrow, one of Columbia University's most outstanding graduates, who received his Ph.D. from Columbia in 1951. This introductory chapter first describes the starting point of the present volume, namely Arrow's work on innovation, particularly his 1962 paper on learning by doing. The book approaches the question of free trade from Arrow's learning perspective. In so doing, it not only honors his legacy and challenges the conventional views, but also contributes to a key set of policy issues: how to increase the pace by which living standards increase, especially in developing countries. An overview of the subsequent chapters is also presented.
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