World-renowned economist Professor Joseph E. Stiglitz delivers the 2014 RSA Scotland Angus Millar Lecture on the topic of Creating a Learning Society.
It has long been recognised that most standard of living increases are associated with advances in technology, not accumulation of capital. And it has also become clear that what separates developed from less developed countries is not just a gap in resources or output, but a gap in knowledge. In fact, the pace at which developing countries grow is largely determined by the pace at which they can close that gap. Thus, in understanding how countries grow and develop, it is essential to learn how they learn and become more productive, and what government can do to promote learning.