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The Free-Market Innovation Machine : Analyzing the Growth Miracle of Capitalism
The Free-Market Innovation Machine Analyzing the Growth Miracle of Capitalism
Author: William J. Baumol
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...  more »
ISBN-13: 9780691096155
ISBN-10: 0691096155
Publication Date: 4/1/2002
Pages: 336
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Publisher: Princeton University Press
Book Type: Hardcover
Other Versions: Paperback
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