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Accelerate Or Stagnate
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Book Synopsis The Great Stagnation by : Tyler Cowen
Download or read book The Great Stagnation written by Tyler Cowen and published by Penguin. This book was released on 2011-01-25 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tyler Cowen’s controversial New York Times bestseller—the book heard round the world that ignited a firestorm of debate and redefined the nature of America’s economic malaise. America has been through the biggest financial crisis since the great Depression, unemployment numbers are frightening, media wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How will we get out of this mess? One political party tries to increase government spending even when we have no good plan for paying for ballooning programs like Medicare and Social Security. The other party seems to think tax cuts will raise revenue and has a record of creating bigger fiscal disasters that the first. Where does this madness come from? As Cowen argues, our economy has enjoyed low-hanging fruit since the seventeenth century: free land, immigrant labor, and powerful new technologies. But during the last forty years, the low-hanging fruit started disappearing, and we started pretending it was still there. We have failed to recognize that we are at a technological plateau. The fruit trees are barer than we want to believe. That's it. That is what has gone wrong and that is why our politics is crazy. In The Great Stagnation, Cowen reveals the underlying causes of our past prosperity and how we will generate it again. This is a passionate call for a new respect of scientific innovations that benefit not only the powerful elites, but humanity as a whole.
Download or read book Accelerate Or Stagnate written by and published by . This book was released on 1979* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fully Grown written by Dietrich Vollrath and published by University of Chicago Press. This book was released on 2022-06-24 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vollrath challenges our long-held assumption that growth is the best indicator of an economy’s health. Most economists would agree that a thriving economy is synonymous with GDP growth. The more we produce and consume, the higher our living standard and the more resources available to the public. This means that our current era, in which growth has slowed substantially from its postwar highs, has raised alarm bells. But should it? Is growth actually the best way to measure economic success—and does our slowdown indicate economic problems? The counterintuitive answer Dietrich Vollrath offers is: No. Looking at the same facts as other economists, he offers a radically different interpretation. Rather than a sign of economic failure, he argues, our current slowdown is, in fact, a sign of our widespread economic success. Our powerful economy has already supplied so much of the necessary stuff of modern life, brought us so much comfort, security, and luxury, that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP. In Fully Grown, Vollrath offers a powerful case to support that argument. He explores a number of important trends in the US economy: including a decrease in the number of workers relative to the population, a shift from a goods-driven economy to a services-driven one, and a decline in geographic mobility. In each case, he shows how their economic effects could be read as a sign of success, even though they each act as a brake of GDP growth. He also reveals what growth measurement can and cannot tell us—which factors are rightly correlated with economic success, which tell us nothing about significant changes in the economy, and which fall into a conspicuously gray area. Sure to be controversial, Fully Grown will reset the terms of economic debate and help us think anew about what a successful economy looks like.
Book Synopsis Growth or Stagnation? by : Mats Lundahl
Download or read book Growth or Stagnation? written by Mats Lundahl and published by Routledge. This book was released on 2019-04-02 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, the essays collected in the present volume derive from an interest in South Africa and its economy which goes back to the early 1970s and were written between 1994 and 1999. The intention is to follow how the debate on the South African economy has evolved since the fall of the apartheid regime. Issues discussed include the South African economy after apartheid and whether the new South African economy is ultimately experienced growth or stagnation.
Book Synopsis Death of the Middle Class + Secular Economic Stagnation = How Trade with Communist China Is Destroying Democracy & Capitalism by : Mark Jeia
Download or read book Death of the Middle Class + Secular Economic Stagnation = How Trade with Communist China Is Destroying Democracy & Capitalism written by Mark Jeia and published by AuthorHouse. This book was released on 2017-01-26 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rousing call to halt trade with China and reinvigorate truly liberal economic trade policy a complex argument shorn of hypertechnical language, composed in a breezy, informal style Kirkus Review Concise, reasonable and clear exploration of one of todays most pressing political and economic issues: international trade unblemished by jargon characteristic of tomes proclaiming a complex economic theory Blue Ink Review Despite the hefty subject matter, Death of the Middle Class is solidly written and is easy to follow, forgoing most economic jargon. Clarion Review The book discusses the economic problems we face in the world today, especially in developed countries, and the growing threat to western political systems. It clarifies how the established framework of liberal economics has been misrepresented to justify free trade and immigration with a large, low-wage country such as China. And it shows what liberal economic theory actually says about it how it impacts the supply and demand balance of labour, the incentives for labour-saving technological innovation (the main driver of living standards in history), the global capitalist system for allocation of scarce resources and the normal functioning of all markets in the world. Finally, the book examines some alternative explanations and policies that have been advanced, and explains how they are at best a dangerous distraction and at worst harmful. Government spending. Monetary policy interest rates and QE. Reforms. The role of technology. Demographics people getting older. Inequality.
Book Synopsis Stagnation (English) by : Ramón H. Guiardinú
Download or read book Stagnation (English) written by Ramón H. Guiardinú and published by Ramón H. Guiardinú. This book was released on 2024-07-28 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world where the boundaries between reality and fantasy blur, an extraordinary hybrid, Rey, emerges in the first circle of paradise. With his sharp eyes illuminated by the whiteness of infinite Pythagorean stars, Rey is no ordinary being. From the day he was born, he had the ability to run and be independent, but he cannot escape the past or the characteristics of his body. Forced to face unimaginable challenges, Rey and his siblings are sucked into a black hole that transports them to a completely unknown plane. In this new world, where the temperature is compatible with life but the landscape seems challenging, Rey must quickly adapt to survive. As he descends with the wind whistling in his ears, Rey finds himself in an environment filled with melodies that embrace his senses. Inside the fire, an atmosphere of joy resonates with music, laughter, and applause, but tranquility is fleeting. Rey must face unknown threats and seek a safe place for himself and his siblings.
Book Synopsis Maturity and Stagnation in American Capitalism by : Josef Steindl
Download or read book Maturity and Stagnation in American Capitalism written by Josef Steindl and published by NYU Press. This book was released on 1976 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Details a pattern of development and investment in the American economy that produces diminished growth and increased stagnation.
Book Synopsis Stagnation Versus Growth in Europe by : Luigi Paganetto
Download or read book Stagnation Versus Growth in Europe written by Luigi Paganetto and published by Springer. This book was released on 2016-05-17 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the debate on the policies required to overcome the crises of 2008 and 2011, in which the focus on short-term measures has overshadowed the need to analyze the low growth rate in the European Union, and especially the Eurozone, as the basis for interventions that will counteract the tendency toward stagnation. Factors that lie at the root of the low growth are examined in depth, covering, for example, the impact of the demographic trend toward an aging population in Europe, consequences of inequality for growth, challenges posed by technological change, competition from emerging countries, and difficulties in improving European governance. In addition, potential actions to foster innovation and avoid long-term stagnation, such as new measures to open up markets, stimulate competition in services, and promote green growth, are discussed. The book comprises a selection of contributions presented at the XXVII Villa Mondragone International Economic Seminar, which brought together renowned economists and representatives of a broad range of countries and leading international institutions. It will appeal to all who are interested in the latest thinking on stagnation/growth, inequality, governance, competitiveness, and innovation in Europe.
Book Synopsis Technical Note - National Advisory Committee for Aeronautics by : United States. National Advisory Committee for Aeronautics
Download or read book Technical Note - National Advisory Committee for Aeronautics written by United States. National Advisory Committee for Aeronautics and published by . This book was released on 1955 with total page 886 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FBI Law Enforcement Bulletin written by and published by . This book was released on 1973 with total page 858 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Jet Propulsion written by N. A. Cumpsty and published by Cambridge University Press. This book was released on 2003-08-14 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second edition of Cumpsty's excellent self-contained introduction to the aerodynamic and thermodynamic design of modern civil and military jet engines. Through two engine design projects, first for a new large passenger aircraft, and second for a new fighter aircraft, the text introduces, illustrates and explains the important facets of modern engine design. Individual sections cover aircraft requirements and aerodynamics, principles of gas turbines and jet engines, elementary compressible fluid mechanics, bypass ratio selection, scaling and dimensional analysis, turbine and compressor design and characteristics, design optimization, and off-design performance. The book emphasises principles and ideas, with simplification and approximation used where this helps understanding. This edition has been thoroughly updated and revised, and includes a new appendix on noise control and an expanded treatment of combustion emissions. Suitable for student courses in aircraft propulsion, but also an invaluable reference for engineers in the engine and airframe industry.
Book Synopsis Accelerating Economic Growth by : Jakub Growiec
Download or read book Accelerating Economic Growth written by Jakub Growiec and published by Springer Nature. This book was released on 2022-09-07 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: What made it possible for the human species to conquer the world, build a global digital economy, and still want more? What drives technological progress and economic growth in the long run and on a global scale? And how will technological progress, economic growth, and the overall prosperity of human civilization unfold in the future? This book sheds new light on these big questions by incorporating findings from physics, anthropology, psychology, history, philosophy, and computer science in a brand-new theory of economic growth. Looking back across the millennia, it identifies five major technological revolutions which have transformed humankind’s capacity to process energy and information—the cognitive, agricultural, scientific, industrial, and digital revolutions—and characterizes the new avenues of economic development which they have opened while also exponentially accelerating growth.
Book Synopsis India - The Political Economy of Growth, Stagnation and the State, 1951-2007 by : Matthew McCartney
Download or read book India - The Political Economy of Growth, Stagnation and the State, 1951-2007 written by Matthew McCartney and published by Routledge. This book was released on 2009-05-07 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the drivers and inhibitors of economic growth is critical for promoting development in less developed countries, including India. This book examines economic growth in India from 1951 to the present, challenging many accepted orthodox views. It argues that growth and stagnation should be considered over the medium term, and that the precise role of the state – in relation to particular historical and political-economic circumstances – is more important than the overall level of state involvement or disengagement. The book uses an empirical approach to contend that the state has an important role in several key areas including: mobilising a surplus; allocating the surplus in an efficient way to productive investment projects; and in building institutions (including political parties) through which conflict can managed between the different losers and rent-seekers affected by economic changes. It shows how, over time and in periods of growth and stagnation, the state in India has acted in key areas, and how the actions of the state has had a profound impact on economic outcomes. Overall, the book makes a major contribution to understanding the economic history of development in India and to understanding the role of the state in economic development more generally.
Book Synopsis Handbook of Economic Stagnation by : Randall Wray
Download or read book Handbook of Economic Stagnation written by Randall Wray and published by Academic Press. This book was released on 2022-04-24 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Economic Stagnation takes a broad view, including contributions from orthodox and heterodox economists who examine situations in countries and worldwide regions, including Japan and the Euro area. To be sure, stagnation is periodically relieved by short economic bursts usually brought on by unsustainable asset price bubbles. Once the bubbles burst, stagnation returns. This book's fresh, comprehensive approach to the topic makes it the premier source for anyone affected by these cycles. Synthesizes and organizes diverse perspectives about crisis economics and future economic growth Emphasizes the relationships among stagnation, international economics, and the global distribution of labor Includes Japan and the Euro zone as well as other countries and regions worldwide
Book Synopsis The Accelerating Transport Innovation Revolution by : George Giannopoulos, DIC, MSc, PhD
Download or read book The Accelerating Transport Innovation Revolution written by George Giannopoulos, DIC, MSc, PhD and published by Elsevier. This book was released on 2019-04-15 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Accelerating Transport Innovation Revolution: A Global, Case Study-based Assessment of Current Experience, Cross-sectorial Effects and Socioeconomic Transformations, offers a comprehensive view of current state-of-the-art and practices around the world to create innovation on a revolutionary scale and connect research to commercial exploitation of its results. It offers a fascinating new model of the innovation process based on theories of biological ecosystems, general systems theory and basins of attraction (represented through space-time graphs well known in mathematics). Furthermore, it considers - through a number of dedicated chapters - key issues and elements of innovation ecosystems, such as: Causal Factors and system constraints affecting the development and sustainability of innovation ecosystems (Chapter 4); Review of innovation organization and governance in key countries and regions (Chapter 5); the role of technological "Spillovers" (Chapter 6); Collection and use of data for innovation monitoring and benchmarking (Chapter 7); Intellectual Property protection between competing ecosystems (Chapter 8); Economics of innovation (Chapter 9); Public and private sector involvement in Transport innovation creation (Chapter 10); the role of the individual entrepreneur - innovator in energizing change (Chapter 11). Finally, in Chapter 12, there is a thorough summary of key findings. This book uses a paradigmatic approach to augment the innovation ecosystem model of innovation that integrates beliefs and learning into the innovation ecosystems model. It therefore includes ten case studies from the U.S., Europe and Asia, detailing how innovation is created across continents and different ecosystems and what are the critical lessons to be learned. It does this, effectively, at five different levels of analysis i.e. the individual innovator / entrepreneur level, the organization level (government agency or company), the regional ecosystem level, the nation-state level and the global - systemic or international level. Each level of analysis, reveals unique features of the innovation landscape and the ten case studies allow the reader to assess when and where specific "enablers" are facilitating innovation especially on a revolutionary scale. The need for the book came from the realization that despite the billions of dollars spent on various research programs over the past 20 years (especially in the public sector), there have been few clear and tangible efforts directed at exploring how innovation production increasingly occurs and the critical factors necessary to sustain large-scale, revolutionary change as the future unfolds. Thus, a primary theme of the book is that understanding how research results translate into market innovation and implementation, especially understanding the nature of revolutionary innovation, is as important as the creation of innovations themselves. While the focus of the book is on Transportation, the concepts and recommendations presented apply to other fields too. Formulates and presents a workable and comprehensive new model of innovation Defines and analyzes many concepts and notions related to innovation, research and market implementation Examines the critical factors affecting innovation production and successful commercial implementation of research results Examines organizational models of coordination, governance, data collection, process analysis and use of intellectual property tools Includes recent, well-researched and documented case studies of successful innovation ecosystems across the world mainly - but not only - in the Transport field
Book Synopsis Innovative Strategies for Accelerated Human Resources Development in South Asia by : Asian Development Bank
Download or read book Innovative Strategies for Accelerated Human Resources Development in South Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-12-01 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia remains one of the fastest-growing regions in the world but concerns are rising that its workforce lacks the skills and education to drive its economy into the 21st century. Providing access to quality education and skills training is now a priority of policymakers in the region. But even though government spending on education has increased significantly in recent years, it has not resulted in effective education outcomes. This report is one in a series of four publications that examines how education and training systems in the region can be improved. In particular, it looks at the role that the private sector can play in improving standards through investments in education and training.
Book Synopsis Propelling India from Socialist Stagnation to Global Power: Growth process by : Arvind Virmani
Download or read book Propelling India from Socialist Stagnation to Global Power: Growth process written by Arvind Virmani and published by Academic Foundation. This book was released on 2006 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a comprehensive retrospective of India's economic policies and performances, including an in-depth analysis of a wide range of issues from a variety of perspectives: historical, global, institutional, and political-economic. The discussion explores the "tripolar world" comprised of the United States, China, and India as the changing dominant players in global power.
