On The Causes of Economic Growth - Lessons from History (eBook, ePUB) - Sabillon, Carlos
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Stimulus spending, tax cuts, training programs, austerity, fiscal restraint A- can we MAKE the economy recover? In a sweeping review of economic history, the author presents the salient facts of booms and slowdowns in the major economies of the world, in 50-year intervals, and demonstrates the weakness of orthodox theories. The only factor that consistently causes growth, he shows, is centralized support for manufacturing, which spurs the creation of new technologies, which lead to wealth creation.

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Stimulus spending, tax cuts, training programs, austerity, fiscal restraint A- can we MAKE the economy recover? In a sweeping review of economic history, the author presents the salient facts of booms and slowdowns in the major economies of the world, in 50-year intervals, and demonstrates the weakness of orthodox theories. The only factor that consistently causes growth, he shows, is centralized support for manufacturing, which spurs the creation of new technologies, which lead to wealth creation.

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