Machines and economic growth: the implications for growth theory of the history of the industrial revolution
Auteur :
McPherson, Natalie
Éditeur :
Bloomsbury Publishing Plc
ISBN :
9780313292552
Date de publication :
26 oct. 1994
Langue :
Anglais
Pays d'origine :
USA
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. Nineteenth-century industrialization, the world wars and the Depression, the post-war boom, and the more recent slowdown in growth are discussed.