Premium
The global crisis, social protection and jobs
Author(s) -
STIGLITZ Joseph
Publication year - 2013
Publication title -
international labour review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.433
H-Index - 46
eISSN - 1564-913X
pISSN - 0020-7780
DOI - 10.1111/j.1564-913x.2013.00165.x
Subject(s) - unemployment , social justice , economics , full employment , economic justice , positive economics , labour economics , development economics , sociology , law and economics , neoclassical economics , economic growth
In 2001, Joseph Stiglitz was awarded the Nobel Prize for economics. In 2002, he published an article in the Review (Vol. 141, No. 1–2) entitled “Employment, social justice and societal well‐being” in which he proposes that the purpose of economic activity is to improve the well‐being of individuals, and that employment is essential to this well‐being. In this regard, his description of the negative effects of unemployment echoes that given in the abovementioned article by Amartya Sen … [more]