Economic Transformations: General Purpose Technologies and Long Term Economic Growth

This book examines the long term economic growth that has raised the West's material living standards to levels undreamed of by counterparts in any previous time or place. The authors argue this growth has been driven by periodic technological revolutions that have transformed the West's economic, social and political landscape over time and allowed the West to become, until recently, the world's only dominant technological force. A must read for anyone interested in economic growth.