Accelerating Economic Growth
Lessons From 200,000 Years of Technological Progress and Human Development
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Beschreibung
What made it possible for the human species to conquer the world, build a global digital economy, and still want more? What drives technological progress and economic growth in the long run and on a global scale? And how will technological progress, economic growth, and the overall prosperity of human civilization unfold in the future?
This book sheds new light on these big questions by incorporating findings from physics, anthropology, psychology, history, philosophy, and computer science in a brand-new theory of economic growth. Looking back across the millennia, it identifies five major technological revolutions which have transformed humankind’s capacity to process energy and information—the cognitive, agricultural, scientific, industrial, and digital revolutions—and characterizes the new avenues of economic development which they have opened while also exponentially accelerating growth.
What made it possible for the human species to conquer the world, build a global digital economy, and still want more? What drives technological progress and economic growth in the long run and on a global scale? And how will technological progress, economic growth, and the overall prosperity of human civilization unfold in the future?
This book sheds new light on these big questions by incorporating findings from physics, anthropology, psychology, history, philosophy, and computer science in a brand-new theory of economic growth. Looking back across the millennia, it identifies five major technological revolutions which have transformed humankind’s capacity to process energy and information—the cognitive, agricultural, scientific, industrial, and digital revolutions—and characterizes the new avenues of economic development which they have opened while also exponentially accelerating growth.
Sheds new light on the origins of human civilization and the key drivers of technological progress and economic growth Identifies a broad pattern of accelerating economic growth and a sequence of technological revolutions Contributes to important debates on our collective future in the digital era
Autor*in
Jakub Growiec
Themen in »Accelerating Economic Growth«
Economic development Long-run economic growth Technological progress Technological revolutions Increasing returns to scale Development of the human civilization Agricultural revolution Digital revolution Economic growth theory Industrial revolution