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THE DIVERGENT DYNAMICS OF ECONOMIC GROWTH

El Lunes 16 junio 2014 por El Director

This book explains howchanging technology and economizing behavior induce vast changes in productivity, resource allocation, labor utilization, and patterns of living. Economic growth is seen as a process by which businesses, regimes, countries, and the wholeworld pass through distinct epochs, each one emerging from its predecessor and creating the conditions for its successor. Viewed from a long-run perspective, growth must be characterized as an explosive process marked by turbulent (...)




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