Breakthrough : a growth revolution / Martin Fleming.

Format:

Book

Author/Creator:

Fleming, Martin, 1960- author.

Language:

English

Subjects (All):

Comparative economics.

Economic development.

Industrialization--History.

Industrialization.

Macroeconomics.

Technological innovations--Economic aspects.

Technological innovations.

Technology and civilization.

Physical Description:

1 online resource (226 pages)

Edition:

First edition.

Place of Publication:

New York, NY : Business Expert Press, LLC, 2022.

Summary:

What's necessary for the United States and other developed nations to realize stronger growth and more equal incomes? What's necessary for families to feel vacations, college educations, and retirements are possible? Will artificial intelligence (AI) automate or augment workers' jobs? Will the 2020-2021 global pandemic be sufficiently disruptive to deliver fundamental transformation? The growth dynamics of the developed economies experience significant variation over long periods. This book examines the economic logic of such variation and whether the long-term movement is the result of random events or whether improved outcomes arise from within the system. The book proposes a growth and fairness agenda through which stronger economic growth and more equally distributed incomes can be possible.

Contents:

Cover

Halftitle

Title

Copyright

Description

Contents

List of Figures

List of Tables

Testimonials

Foreword

Preface

Acknowledgments

Chapter 1: Introduction: The Growth Revolution Ahead

Chapter 2: Industrial Revolution, Growth, and Technological Change

Chapter 3: Four Industrial Revolutions

Chapter 4: Superstar Firms, Knowledge Transfer, and Labor Income Share

Chapter 5: Resource Transformation as Growth Recovers

Epilogue: Know Unknows

Appendix A: Dating Major Global Financial Crises

Appendix B: Long-Lived Capital With Embedded Tangible and Intangible Capital

Appendix C: Capital Investment and Income Generation

Appendix D: Shifting Labor Income Shares in the First Industrial Revolution

Appendix E: Technology and Changing Elasticity of Substitution

Appendix F: Employee Trust and Productivity

References

About the Author

Index

Adpage

Backcover.

Notes:

Description based on publisher supplied metadata and other sources.

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9781637423103

1637423101

OCLC:

1345511461