How Long to Read Economic Transformations

How Long Does it Take to Read Economic Transformations?

It takes the average reader 10 hours and 6 minutes to read Economic Transformations by Richard George Lipsey

Assuming a reading speed of 250 words per minute. Learn more

Description

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 that this growth has been driven by technological revolutions that have periodically transformed the West's economic, social and political landscape over the last 10,000 years and allowed the West to become, until recently, the world's only dominant technological force. Unique in the diversity of the analytical techniques used, the book begins with a discussion of the causes and consequences of economic growth and technological change. The authors argue that long term economic growth is largely driven by pervasive technologies now known as General Purpose (GPTs). They establish an alternative to the standard growth models that use an aggregate production function and then introduce the concept of GPTs, complete with a study of how these technologies have transformed the West since the Neolithic Agricultural Revolution. Early modern science is given more importance than in most other treatments anf the 19th century demographic revolution is studied with a combination of formal models of population dynamics and historical analysis. The authors argue that once sustained growth was established in the West, formal models can shed much light on its subsequent behaviour. They build non-conventional, dynamic, non-stationary equilibrium models of GPT-driven growth that incorporate a range of phenomena that their historical studies show to be important but which are excluded from other GPT models in the interests of analytical tractability. The book concludes with a study of the policy implications that follow from their unique approach.

How long is Economic Transformations?

Economic Transformations by Richard George Lipsey is 595 pages long, and a total of 151,725 words.

This makes it 201% the length of the average book. It also has 185% more words than the average book.

How Long Does it Take to Read Economic Transformations Aloud?

The average oral reading speed is 183 words per minute. This means it takes 13 hours and 49 minutes to read Economic Transformations aloud.

What Reading Level is Economic Transformations?

Economic Transformations is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Economic Transformations?

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