Whither Socialism?

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"Whither Socialism?" is an influential book by economist Joseph Stiglitz that critically examines the failures of centrally planned economies and explores the role of information and incentives in shaping effective economic systems.

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Statements (49)

Predicate Object
instanceOf book ⓘ
economics book ⓘ
non-fiction book ⓘ
argues that incentive problems undermine central planning ⓘ
that information imperfections are central to understanding economic systems ⓘ
that neither pure markets nor pure planning are fully efficient ⓘ
author Joseph E. Stiglitz ⓘ
linked to: Joseph Stiglitz

Joseph Stiglitz ⓘ
critiques naive versions of market socialism ⓘ
traditional central planning ⓘ
discusses design of economic institutions ⓘ
government intervention in markets ⓘ
market failures under imperfect information ⓘ
transition policies for post-socialist economies ⓘ
examines informational problems in centrally planned economies ⓘ
limitations of neoclassical economics in analyzing socialism ⓘ
market failures and government failures ⓘ
practical performance of socialist economies ⓘ
theoretical foundations of socialism ⓘ
field comparative economic systems ⓘ
economics ⓘ
political economy ⓘ
focusesOn comparative economic systems ⓘ
failures of central planning ⓘ
incentive structures in different economic systems ⓘ
role of information in markets ⓘ
genre economic theory ⓘ
political economy ⓘ
hasContributor Joseph E. Stiglitz ⓘ
linked to: Joseph Stiglitz
hasTheoreticalFramework general equilibrium with imperfect information ⓘ
information asymmetry ⓘ
principal–agent theory ⓘ
impact contributed to the literature on information and incentives in economics ⓘ
influenced debates on post-socialist transition ⓘ
influencedBy debates on market socialism ⓘ
information economics ⓘ
the collapse of the Soviet Union ⓘ
language English ⓘ
mainSubject centrally planned economies ⓘ
economic planning ⓘ
incentives in economic systems ⓘ
information economics ⓘ
market socialism ⓘ
socialism ⓘ
transition from socialism to market economies ⓘ
notableFor applying information economics to socialism ⓘ
its analysis of incentives in economic systems ⓘ
its critique of centrally planned economies ⓘ
proposes an information-theoretic perspective on economic systems ⓘ

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Joseph Stiglitz → notableWork → Whither Socialism? ⓘ