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The Divergent Dynamics of Economic Growth: Studies in Adaptive Economizing,
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The Divergent Dynamics of Economic Growth: Studies in Adaptive Economizing, Technological Change, and Economic Development Hardcover - 2003

by Richard H. Day


From the publisher

This volume explains how changing technology and economizing behavior induce vast changes in productivity, resource allocation, labor utilization, and patterns of living. Basing his work on a new and original synthesis of classical economics and contemporary concepts of adaptation and economic evolution, Richard Day asserts that economic growth, viewed from a long-term perspective, must be characterized as an explosive process, interpreted by turbulent transitions in social and political life as societies adapt to new life styles and opportunities and to the vast increase and redistribution of human populations.

First line

Informing the central message of Adam Smith is the recognition that no one understands everything but private individuals in the pursuit of self-interest can contribute to the advantage of others even though they may not intend to do so and may not concern themselves with the economy as a whole.

Details

  • Title The Divergent Dynamics of Economic Growth: Studies in Adaptive Economizing, Technological Change, and Economic Development
  • Author Richard H. Day
  • Binding Hardcover
  • Edition N/A
  • Pages 256
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press, Cambridge
  • Date 2003-11-13
  • Illustrated Yes
  • Features Bibliography, Illustrated, Index
  • ISBN 9780521830195 / 0521830192
  • Weight 1.18 lbs (0.54 kg)
  • Dimensions 9.28 x 6.4 x 0.85 in (23.57 x 16.26 x 2.16 cm)
  • Library of Congress subjects Economic development, Evolutionary economics
  • Library of Congress Catalog Number 2003046060
  • Dewey Decimal Code 338.9
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