This man discussed the building of a "post-Washington consensus" in one article, and in another work he said that the Walrasian model incorrectly suggested that market socialism could work. "Redefining the Role of the State." and Whither Socialism? were written by this man who suggested pill prizes as a replacement for patents in the pharmaceutical industry. This man's concluded that unemployment gives a penalty for shirking after doing research on efficiency wages. That
This man discussed the building of a "post-Washington consensus" in one article, and in another work he said that the Walrasian model incorrectly suggested that market socialism could work. "Redefining the Role of the State." and Whither Socialism? were written by this man who suggested pill prizes as a replacement for patents in the pharmaceutical industry. This man's concluded that unemployment gives a penalty for shirking after doing research on efficiency wages. That research helped to develop a model he names along with Carl Shapiro. This man criticized the IMF and World Bank in one recent book, and the same title concept of that work is revisited in a book about Making [it] Work. Along with Akerlof and Spence, this man won the 2001 Nobel in economics for his analysis of information asymmetry. For 10 points, name this Columbia economist who wrote Globalization and its Discontents.
This man discussed the building of a "post-Washington consensus" in one article, and in another work he said that the Walrasian model incorrectly suggested that market socialism could work. "
Joseph Eugene Stiglitz