{"title":"Wicksell Lectures","description":null,"products":[{"product_id":"whither-socialism-book-joseph-e-stiglitz-9780262691826","title":"Whither Socialism?","description":"The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies.\u003cp\u003eStiglitz sees the critical failing in the standard neoclassical model underlying market socialism to be its assumptions concerning information, particularly its failure to consider the problems that arise from lack of perfect information and from the costs of acquiring information. He also identifies problems arising from its assumptions concerning completeness of markets, competitiveness of markets, and the absence of innovation. Stiglitz argues that not only did the existing paradigm fail to provide much guidance on the vital question of the choice of economic systems, the advice it did provide was often misleading.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ LIKE_NEW \/ INTERNAL","offer_id":49523823542545,"sku":"GOR012847015","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49604449141009,"sku":"GOR003480180","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":49916093366545,"sku":"GOR004200602","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50041402294545,"sku":"CIN0262691825G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52410151469329,"sku":"NLS9780262691826","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":52636197847313,"sku":"CIN0262691825VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262691825.jpg?v=1751290853"},{"product_id":"personnel-economics-book-edward-p-lazear-9780262121880","title":"Personnel Economics","description":"Text has always been the chief vehicle for the inscription and dissemination of knowledge and culture. As more and more of our textual communication moves into the digital realm we have reached a crucial moment in the history of textual transmission. In many respects digital text looks deceptively like print. But beneath the surface of the screen, digital textuality obeys very different rules than printed text. The digital textual universe offers a wealth of new and exciting possibilities - but it also sets new rules for the writer's and reader's engagement with text. Changing our textual minds analyses the continuities and discontinuities in textual transmission as we move from a print paradigm into an increasingly digital world. It conceptualises the epochal transition from analogue to digital both in factual terms and in terms of its social significance. Centuries of reading and writing practice have made us Homo typographicus. Our entire way of disseminating knowledge and culture is firmly based on print culture. The need to come to grips with the shift to digital textuality in the early twenty-first century will literally change our minds.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49583331934481,"sku":"GOR003815999","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":49758910185745,"sku":"CIN0262121883G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262121883.jpg?v=1750780631"},{"product_id":"whither-socialism-book-joseph-e-stiglitz-9780262193405","title":"Whither Socialism?","description":null,"brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49952227066129,"sku":"GOR007241918","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50347488149777,"sku":"CIN026219340XG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":50726596215057,"sku":"GOR007106242","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/026219340X.jpg?v=1750695332"}],"url":"https:\/\/www.worldofbooks.com\/collections\/wicksell-lectures-book-series.oembed","provider":"World of Books ","version":"1.0","type":"link"}