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The Free-Market Innovation Machine : Analyzing the Growth Miracle of Capitalism

Pocket • 2014 • Engelsk

The Free-Market Innovation Machine : Analyzing the Growth Miracle of Capitalism

Av William J. Baumol

0 vurderinger • 0.0 av 5

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Om boken

Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he s...Vis mer

Om boken

ISBN

9780691116303

Forlag

Princeton : Princeton University Press

Publiseringsår

2014

Språk

Engelsk

Originaltittel

The Free-Market Innovation Machine : Analyzing the Growth Miracle of Capitalism

Format

Pocket

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