2004 Articles
Evaluating Economic Change
Joseph Stiglitz challenges the thesis that improvements of technology or increases in income necessarily result in a widespread enhancement of well-being; all that goes under the name of progress does not truly represent progress, even in the narrow economic sense of the term. He argues that every change ought to be evaluated in terms of its consequences.
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- Title
- Daedalus
- DOI
- https://doi.org/10.1162/0011526041504551
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- Academic Units
- Business
- Published Here
- June 18, 2012