How Long to Read Technology Cycles and U.S. Economic Policy in the Early 21st Century
By Nathan Edmonson
How Long Does it Take to Read Technology Cycles and U.S. Economic Policy in the Early 21st Century?
It takes the average reader 3 hours and 6 minutes to read Technology Cycles and U.S. Economic Policy in the Early 21st Century by Nathan Edmonson
Assuming a reading speed of 250 words per minute. Learn more
Description
The overarching theme of this volume is the cyclical nature of technological change, its impact on economic growth, and the limits of government intervention. Technological revolutions are infrequent; there were only three in all of the twentieth century. When they occur, their possibilities are often not immediately apparent. Technology revolutions induce capital investment, not just because they stimulate the need to acquire the new technology, but also because of the need to replace obsolete capacity and new infrastructure. While government has encouraged general economic progress by carrying out highly risky innovations unrelated to fostering economic growth, it seldom succeeds with specific efforts to foster growth. Recent examples of success include the Internet and the global positioning system (GPS), which trace their origins to defense-related research. In contrast, the countercyclical economic stimuli of 2007-2009 have achieved little in the way of general growth. The lack of data about the technology cycle makes formulating appropriate monetary and other policy countercyclical interventions difficult. A technology-founded upswing animated the American economy after 1990, and the -great recession- of 2007- 2009 reflected the waning of the investment boom that this revolution generated. Edmonson argues that the impact of technology revolutions on general economic growth has never received the attention it deserves. This volume will contribute much to debates on economic policy.
How long is Technology Cycles and U.S. Economic Policy in the Early 21st Century?
Technology Cycles and U.S. Economic Policy in the Early 21st Century by Nathan Edmonson is 184 pages long, and a total of 46,736 words.
This makes it 62% the length of the average book. It also has 57% more words than the average book.
How Long Does it Take to Read Technology Cycles and U.S. Economic Policy in the Early 21st Century Aloud?
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 15 minutes to read Technology Cycles and U.S. Economic Policy in the Early 21st Century aloud.
What Reading Level is Technology Cycles and U.S. Economic Policy in the Early 21st Century?
Technology Cycles and U.S. Economic Policy in the Early 21st Century is suitable for students ages 10 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 Technology Cycles and U.S. Economic Policy in the Early 21st Century?
Technology Cycles and U.S. Economic Policy in the Early 21st Century by Nathan Edmonson is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
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