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From Schumpeter to Stiglitz
Authors:Arnold Heertje
Affiliation:(1) Department of Economics, University of Amsterdam, Oudemanhuispoort 4-6, NL-1000 BA Amsterdam, The Netherlands, NL
Abstract:This article deals with Stiglitz's recent book Whither Socialism?. It presents a critical evaluation against the background of his earlier publication on the economic theory of the state. The author takes issue with Stiglitz's normative interpretation of welfare economics.
Keywords:: Transition economics  Socialism  Capitalism  Welfare economics
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