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Knowledge and the Wealth of Nations: A Story of Economic Discovery

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Economics as a detective story of ideas

This is a great pick if you like big intellectual breakthroughs told with real narrative momentum. It makes economic growth feel surprisingly human, following Paul Romer’s insight in a way that feels closer to scientific discovery than dry theory. You come away seeing how ideas, innovation, and knowledge shape whole economies.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Just Arrived

Knowledge and the Wealth of Nations: A Story of Economic Discovery

Regular price RM36.00 MYR
Unit price
per
Compare to estimated retail price: RM158.00 MYR  
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ISBN: 9780393329889
Authors: David Warsh
Date of Publication: 2007-05-17
Format: Paperback
Related Collections: Economics, Business, Science, History
Goodreads rating: 3.94
(rated by 325 readers)

Description

"What The Double Helix did for biology, David Warsh's Knowledge and the Wealth of Nations does for economics." — Boston Globe A stimulating and inviting tour of modern economics centered on the story of one of its most important breakthroughs. In 1980, the twenty-four-year-old graduate student Paul Romer tackled one of the oldest puzzles in economics. Eight years later he solved it. This book tells the story of what has come to be called the new growth theory: the paradox identified by Adam Smith more than two hundred years earlier, its disappearance and occasional resurfacing in the nineteenth century, the development of new technical tools in the twentieth century, and finally the student who could see further than his teachers. Fascinating in its own right, new growth theory helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy. Like James Gleick's Chaos or Brian Greene's The Elegant Universe, this revealing book takes us to the frontlines of scientific research; not since Robert Heilbroner's classic work The Worldly Philosophers have we had as attractive a glimpse of the essential science of economics.
 

Economics as a detective story of ideas

This is a great pick if you like big intellectual breakthroughs told with real narrative momentum. It makes economic growth feel surprisingly human, following Paul Romer’s insight in a way that feels closer to scientific discovery than dry theory. You come away seeing how ideas, innovation, and knowledge shape whole economies.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.