Machines and Economic Growth - (Contributions in Economics and Economic History) by Natalie McPherson (Hardcover)
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About this item
Highlights
- This book demonstrates the historical relationship between growth and mechanization since the beginning of the Industrial Revolution in light of classical and neo-classical growth theory.
- About the Author: NATALIE McPHERSON is Assistant Professor of Economics at Eastern Illinois University, Charleston, Illinois
- 280 Pages
- Business + Money Management, Development
- Series Name: Contributions in Economics and Economic History
Description
About the Book
The historical record concerning industrialization since 1770 is consistent with the classical view of economic growth, but not with the currently accepted neo-classical growth theory. Flaws in the logic and empirical short-comings of the neo-classical theory suggest that it should be rejected. Specifically, ideas that originate in static concepts cannot be applied to growth, a dynamic process. Nineteenth-century industrialization, the world wars and the Depression, the post-war boom, and the more recent slowdown in growth are discussed.
Book Synopsis
This book demonstrates the historical relationship between growth and mechanization since the beginning of the Industrial Revolution in light of classical and neo-classical growth theory.About the Author
NATALIE McPHERSON is Assistant Professor of Economics at Eastern Illinois University, Charleston, IllinoisDimensions (Overall): 9.61 Inches (H) x 6.42 Inches (W) x 1.07 Inches (D)
Weight: 1.38 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 280
Genre: Business + Money Management
Sub-Genre: Development
Series Title: Contributions in Economics and Economic History
Publisher: Praeger
Theme: Economic Development
Format: Hardcover
Author: Natalie McPherson
Language: English
Street Date: October 26, 1994
TCIN: 1005058479
UPC: 9780313292552
Item Number (DPCI): 247-28-4611
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 1.07 inches length x 6.42 inches width x 9.61 inches height
Estimated ship weight: 1.38 pounds
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