From Schumpeter to Stiglitz

Arnold Heertje
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Arnold Heertje: Department of Economics, University of Amsterdam, Oudemanhuispoort 4-6, NL-1000 BA Amsterdam, The Netherlands

Journal of Evolutionary Economics, 1997, vol. 7, issue 3, 255-267

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 (search for similar items in EconPapers)
JEL-codes: P00 (search for similar items in EconPapers)
Date: 1997-10-21
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