on the market for principles of economics textbooks innovation and product differentiation joseph e stiglitz i have been asked to prepare a few remarks reflecting my views on the current ...
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...On the market for principles of economics textbooks innovation and product differentiation joseph e stiglitz i have been asked to prepare a few remarks reflecting my views current state it goes without saying that given plethora available not read in detail all them this is occasion provide detailed criticism any single textbook will necessity be somewhat impressionistic but they reflect impressions developed over years discussing with colleagues at large number colleges universities problems presented by modern american text book want put forward two theses as well raise several unresolved ques tions issues first thesis provides good example one central paradigms monopolistic competition reflects both strengths weaknesses economic theory would led us expect arise such characterized high degree differ size level organization although majority books present macroeconomics before microeconomics instructor who prefers reverse order can find variety are written presumption there full year ...