Transformational Growth sees the economy as an evolving system in which the market selects and finances innovations, changing the character of costs and affecting the pattern of market adjustment. This creates the possibility that markets will work differently in particular historical periods. This book explores market adjustments in two distinct historical periods, 1870-1914 and 1945 to the present. The book focuses on six countries: USA, United Kingdom, Canada, Germany, Japan and Argentina.
Edward Nell is Matthew B. Smith Professor of Economics at the New School for Social Research, New York. He is the author of Making Sense of a Changing Economy, (Routledge, 1996).
Release date NZ
December 11th, 1997
Edited by Edward Nell
Country of Publication
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