Technology, Institutions, and Economic Growth

✍ Scribed by Richard R. Nelson

Publisher: Harvard University Press
Year: 2005
Tongue: English
Leaves: 305
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

This book mounts a full-blown attack on the standard neo-classical theory of economic growth, which Nelson sees as hopelessly inadequate to explain the phenomenon of economic growth. He presents an alternative theory which highlights that economic growth driven by technological advance involves disequilibrium in a fundamental and continuing way.

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