Whither Socialism?
E42682
"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.
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 Stiglitz
ⓘ
surface form:
Joseph E. 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 Stiglitz
ⓘ
surface form:
Joseph E. 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 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.