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Guiding the Eastern bloc's move to the market is the great policy problem of our day. joe Stigliz shows how economic theory, sensitively used, can inform policies toward the transition. His book will give pause to skeptics of the applicability of modern economics but also caution those inclined to apply it mechanically. For economists offering policy recommendations, whatever their ideological stripe, this book is a must.
(Barry Eichengreen, Dept of Economics, University of California)A disproportionate amount of the best in modern economics is Stiglitz's creation. This book uses it to illuminate a classic question concerning the organization of the public side of our lives. Judged in terms of both depth and reach, this elegantly written volume is never less than what we have come to expect for one of the most significant social thinkers of our time.
(Partha Dasgupta, University of Cambridge)Whither Socialism? is to be recommended. It offers deep new thinking on a big subject: the role of the state. It is rigorous and accessible, a rare combination.
(The Economist)"About this title" may belong to another edition of this title.
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