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Technology, Institutions, and Economic Growth

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Technology, Institutions, and Economic Growth - Nelson, Richard R
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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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Technology, Institutions, and Economic Growth 2005, Harvard University Press, Cambridge

ISBN-13: 9780674019164

Hardcover