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Bestseller
BestsellerE-book
Author Hudson, Edward A., author.

Title Economic growth : how it works and how it transformed the world / Edward A. Hudson.

Publication Info. Wilmington, Delaware : Vernon Press, [2015]
©2015

Item Status

Description 1 online resource (611 pages) : graphs.
Physical Medium polychrome
Description text file
Series [Vernon Press series in economics]
Vernon Press series in economics.
Note Series statement on jacket.
Bibliography Includes bibliographical references (pages 583-599) and index (pages 601-611).
Contents Introduction -- The world before economic growth -- The start of growth, Britain -- The leader, United States -- Other countries, other systems -- Effects of economic growth -- Past theories of economic growth -- The mechanics of growth -- Extending the theory of economic growth -- Conclusions -- Appendix 1 Units of measurement -- Appendix 2 The United Kingdom -- Appendix 3 Sources of data -- References -- Index.
Summary Economic Growth develops a new theory of growth. This new theory is based on careful analysis of actual growth; it covers the causes and mechanisms as well as the results of growth. This new theory extends conventional theory by operating at the industry level and by placing demand considerations at the forefront of growth. Demand growth - based on product innovation, marketing, credit and the consumer society - drives the economy forward while supply growth - based on investment and process innovation - sustains the growth in spending and incomes. Growth is not automatic but, in the right conditions, demand and supply expansion work together to generate sustained growth. Economic Growth offers a new view of growth, unique in its combination of historical depth, intellectual clarity and practical relevance. Its original insights will interest academic and professional economists, while its comprehensive treatment and lucid explanations make it an excellent guidebook for anyone interested in economic growth. -- cover.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Economic development.
Economic development.
Economic history.
Economic history.
Economic development -- History.
History.
Genre/Form Electronic books.
History.
Electronic book.
Other Form: Print version: Hudson, Edward A. Economic growth. Wilmington, Delaware : Vernon Press, [2015] 9781622730216 (DLC) 2014958349 (OCoLC)914187556
ISBN 9781622730445 (electronic book)
1622730445 (electronic book)
9781622730216
1622730216
9781622730315
1622730313