Why Economies Grow

Why Economies Grow

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Author/Contributor(s): Madrick, Jeff
Publisher: Basic Books
Date: 10/16/2002
Binding: Hardcover
Condition: NEW
America takes for granted that new technologies drive economic growth. Madrick argues that technological innovation has never been the cause of economic growth: it is a necessary condition but hardly a sufficient one. Madrick's surprising thesis is that the process of growth is more complex than most pundits, business journalists, and even economists believe--but it can be understood.