A Theory of Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Theory of Economic Growth write by David de la Croix. This book was released on 2002-10-24. A Theory of Economic Growth available in PDF, EPUB and Kindle. This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.
The Theory of Economic Growth
The Theory of Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Theory of Economic Growth write by W. Arthur Lewis. This book was released on 1970. The Theory of Economic Growth available in PDF, EPUB and Kindle.
Unified Growth Theory
Unified Growth Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Unified Growth Theory write by Oded Galor. This book was released on 2011-04-11. Unified Growth Theory available in PDF, EPUB and Kindle. For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution
Rethinking Economic Growth Theory From a Biophysical Perspective
Rethinking Economic Growth Theory From a Biophysical Perspective - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rethinking Economic Growth Theory From a Biophysical Perspective write by Blair Fix. This book was released on 2014-12-09. Rethinking Economic Growth Theory From a Biophysical Perspective available in PDF, EPUB and Kindle. Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.
The Theory of Economic Development
The Theory of Economic Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Theory of Economic Development write by Joseph A. Schumpeter. This book was released on 2021-05-16. The Theory of Economic Development available in PDF, EPUB and Kindle. Joseph Schumpeter (1883–1950) is one of the most fascinating and influential economists of the twentieth century, renowned for his brilliant and unorthodox insights into the nature of capitalism. His students include leading economists such as Paul Samuelson, Robert Solow and the former chairman of the Federal Reserve, Alan Greenspan. The Theory of Economic Development is one of Schumpeter's most important books and the one that made him famous. He poses a fundamental question: why does economic development proceed cyclically rather than evenly? Turning prevailing economic theory, which approached economics as equilibrium, on its head, Schumpeter argues it is because economics is constantly transformed by its own internal forces. These forces are the 'circular flow' of economic life; economic development, characterised by disruption and innovation; and finally, the levers that push and pull capitalism including credit, profit and interest. These are all manifested in the ‘business cycle’, one of Schumpeter's major contributions to understanding economics and now a perennial feature of virtually all economics and business curricula. He is also the first economist to place the entrepreneur at the heart of capitalism, anticipating subsequent fascination with entrepreneurship in popular business and management writing. Schumpeter also lays the groundwork for his subsequent, highly influential idea of the 'creative destruction' characteristic of radical and rapid economic change. The Theory of Economic Development remains a vital, magisterial account of economics and the nature of capitalism whose many insights remain highly relevant today. This Routledge Classics edition includes a new Introduction by Richard Swedberg.
