Employment, Social Justice, and Societal Well-Being

@inproceedings{Stiglitz2002EmploymentSJ,
  title={Employment, Social Justice, and Societal Well-Being},
  author={Joseph E. Stiglitz},
  year={2002}
}
T he purpose of economic activity is to increase the well-being of individuals, and economic structures that are able to do so are more desirable than those that do not. This proposition might seem anodyne, but on closer inspection it is far more complex. To be sure, all politicians – left, right and centre – pay homage to it. Yet, the policies that are pursued often turn out to be antithetical to it. Much of traditional economics has indeed provided considerable comfort to those politicians… CONTINUE READING

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