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Fully Grown: Why a Stagnant Economy Is a Sign of Success

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"It is widely assumed by economists that growth- an increase in GDP, or the value of our output and expenditure- is essential to thriving, developed economies. The more we produce and consume, the better our living standards, public resources, and employment options. While few would deny that growth is an important measure of economic success, many see it as just one window to a healthy economy. As co-author of a leading undergrad textbook, Dietrich Vollrath is well versed in the factors that contribute to growth and in the ...

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Fully Grown: Why a Stagnant Economy Is a Sign of Success
2020, University of Chicago Press

ISBN-13: 9780226666006

Hardcover

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