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The essays in this book explore the forces behind modern economic growth and, in particular, the causes of the extraordinary surge of growth since the Second World War. The introductory essay is an extended treatment of how economists now view the growth process and its causes. Other essays consider the contributions of capital formation, education, and the changed nature of industries and occupations. Professor Abramovitz asks why elevated incomes failed to bring the social progress and personal satisfaction that people had looked for. The final chapters in the book take up the causes of our discontent and consider whether the Welfare State has itself become an obstacle to further economic progress.The essays in this book explore the forces behind modern economic growth and, in particular, the causes of the extraordinary surge of growth since the Second World War. The introductory essay is an extended treatment of how economists now view the growth process and its causes. Other essays consider the contributions of capital formation, education, and the changed nature of industries and occupations. Professor Abramovitz asks why elevated incomes failed to bring the social progress and personal satisfaction that people had looked for. The final chapters in the book take up the causes of our discontent and consider whether the Welfare State has itself become an obstacle to further economic progress.

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Book Details

ISBN: 9780521407748
ISBN-10: 0521407745
Format: Paperback
(228mm x 152mm x 22mm)
Pages: 396
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 26-Apr-1991
Country of Publication: United Kingdom

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Books By Author Moses Abramovitz

Thinking About Growth by Moses Abramovitz

Thinking About Growth

Hardback, April 1989
$243.00