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Paperback The Divergent Dynamics of Economic Growth: Studies in Adaptive Economizing, Technological Change, and Economic Development Book

ISBN: 0521681057

ISBN13: 9780521681056

The Divergent Dynamics of Economic Growth: Studies in Adaptive Economizing, Technological Change, and Economic Development

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Format: Paperback

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Book Overview

This book explains how changing technology and economizing behaviour induce vast changes in productivity, resource allocation, labour utilization, and patterns of living. Economic growth is seen as a process by which businesses, regimes, countries, and the whole world pass through distinct epochs, each one emerging from its predecessor, each one creating the conditions for its successor. Viewed from a long-run perspective, growth must be characterized...

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