Why Economies Grow

by Jeff Madrick and Jeffrey Madrick

Book Overview

The forces that shape economic growth: The size of markets. Large markets make economies of scale possible and thus encourage saving, investing, and the development of new products. The availability of information and the literacy of the population. The spread of information gives people access to scientific and technical ideas, products, and productive farming, manufacturing, and marketing techniques. Natural resources. These seem like primary requirements...

• Format: Hardcover
• Language: English
• ISBN: 0465043119
• ISBN13: 9780465043118
• Release Date: October 2002
• Publisher: Basic Books
• Length: 256 Pages
• Weight: 1.23 lbs.
• Dimensions: 0.9" x 6.4" x 9.6"

Customer Reviews

Timely and Relevant

A very readable analysis of recent economic history by a professor of economics at Princeton University. A helpful explanation of where we are today, it puts in context why the Obama administration is doing what it is doing.