Divergent Dynamics of Economic Growth by Richard H. Day
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Divergent Dynamics of Economic Growth
By Richard H. Day

The Divergent Dynamics of Economic Growth

Studies in Adaptive Economizing, Technological Change, and Economic Development

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Format: Paperback

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Divergent Dynamics of Economic Growth by Richard H. Day

Book Description

This book explains how changing technology and economizing behaviour induce vast changes in productivity, resource allocation, labour utilization, and patterns of living. Economic growth is seen as a process by which businesses, regimes, countries, and the whole world pass through distinct epochs, each one emerging from its predecessor, each one creating the conditions for its successor. Viewed from a long-run perspective, growth must be characterized as an explosive process, marked by turbulent transitions in social and political life as societies adapt to new opportunities, the demise of old ways of living, and to the vast increase and redistribution of human populations. The book is based on a synthesis of classical economics and contemporary concepts of adaptation and economic evolution. Although it is based on analytical methods, the text has been stripped of all equations and with few exceptions is devoid of technical jargon.

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Book Details

ISBN: 9780521681056
ISBN-10: 0521681057
Format: Paperback
(228mm x 152mm x 15mm)
Pages: 256
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 15-Feb-2007
Country of Publication: United Kingdom

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Books By Author Richard H. Day

Divergent Dynamics of Economic Growth by Richard H. Day Divergent Dynamics of Economic Growth, Hardback (November 2003)

This book offers a synthesis of classical economics with contemporary concepts of adaptation and economic evolution.

» View all books by Richard H. Day

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