1715371
9780521333962
The essays in this book explore the forces behind modern economic growth and, in particular, the causes of the extraordinary surge of growth since the Second World War. The introductory essay is an extended treatment of how economists now view the growth process and its causes. Other essays consider the contributions of capital formation, education, and the changed nature of industries and occupations. Professor Abramovitz asks why elevated incomes failed to bring the social progress and personal satisfaction that people had looked for. The final chapters in the book take up the causes of our discontent and consider whether the Welfare State has itself become an obstacle to further economic progress.Abramovitz, Moses is the author of 'Thinking About Growth and Other Essays of Economic Growth and Welfare', published 1989 under ISBN 9780521333962 and ISBN 0521333962.
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