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Wednesday, September 15, 2004

What development? Whose well-being? 

How can economic development alter social norms, morals and ethics? How can economic development that increases the set of choices we have reduce well being? How do politicians/lawmakers/ideology shapers play a role in the convergence of economic deveopment and well being?

Joe Stiglitz's essay in Daedalus' new issue on Progress provides an easily readable platform to scratch the surface of these heavyweight and important questions. The essay is titled "Evaluating Economic Change" and can be found here.