Science and the Wealth of Nations
The Physics of Economic Growth| By: | Bernard C. Beaudreau |
| Publisher: | Cambridge Scholars Publishing |
| Print ISBN: | 9781036416751 |
| eText ISBN: | 9781527569409 |
| Edition: | 1 |
| Copyright: | 2021 |
| Format: | Page Fidelity |
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Table of Contents
Idea-based growth theory has been a bust. This volume presents an alternative approach, drawing from classical mechanics and thermodynamics. Consistent with the historical record and data, it explains the 1970s productivity slowdown, the Solow paradox, and policy failures.