Economic Transformations: General Purpose Technologies and Long Term Economic Growth

Richard G. Lipsey · Kenneth I Carlaw · Clifford T Bekar

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Economic Development and Digital Transformation Historical Economic and Social Studies Economic Growth and Productivity

Abstract

"This book examines the long term economic growth that has raised the West's material living standards to levels undreamed of by counterparts in any previous time or place. The authors argue that this growth has been driven by technological revolutions that have periodically transformed the West's economic, social and political landscape over the last 10,000 years and allowed the West to become, until recently, the world's only dominant technological force."--BOOK JACKET.

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