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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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Introduction

Introduction

Chapter:
(p.1) Introduction
Source:
Creating a Learning Society
Author(s):

Joseph E. Stiglitz

Bruce C. Greenwald

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231152143.003.0024

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.

Keywords:   lectures, Kenneth Arrow, innovation, learning by doing, free trade, living standards

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