“Knowledge is a free good. The biggest cost in its transmission is not in the production or distribution of knowledge, but in its assimilation. This is something that all teachers know.” — Kenneth Arrow
This week our featured book is Creating a Learning Society: A New Approach to Growth, Development, and Social Progress, by Joseph E. Stiglitz and Bruce C. Greenwald. Today, we have excerpted Kenneth J. Arrow’s Commentary on the ideas Stiglitz and Greenwald put forth in Creating a Learning Society.