Free-market innovation machine: analyzing the growth miracle of capitalism

By:

Baumol, William J

Material type: Text

TextPublication details: 2002 Princeton University Press New JerseyDescription: xii,318p. 24 cm ; Hard BoundISBN:

978-0691096155

Subject(s):

Capitalism-Economics

Summary: 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

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	H.T. Parekh Library	GSB Collection	330.122 BAU (Browse shelf(Opens below))	Available		26320

$37.50

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

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