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The FreeMarket Innovation Machine: Analyzing the Growth Miracle of Capitalism [Paperback] Baumol, William J

The FreeMarket Innovation Machine: Analyzing the Growth Miracle of Capitalism [Paperback] Baumol, William J

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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 Amer...

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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 competitionthat is, products and services become less costly as firms vie for consumers Where most others have see ISBN10: 069111630X ISBN13: 9780691116303 Material Type: paperback
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  • ISBN10:069111630X
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