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In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come...
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Chapter 1. The Strategic Logic of China’s Economy -- Chapter 2. The Dynamic Strategy Theory, a Formal Statement -- Chapter 3. Industrialisation Sub-strategies: Theory and Practice -- Chapter 4. Asia’s First Industrial Giant: Japan’s Strategic Pursuit -- Chapter 5. China’s Millennial...
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This chapter surveys the history of modern economic growth and suggests a number of mechanisms that drove the unprecedented technological thrust that account for the discontinuities of economic modernity. The Industrial Revolution and the subsequent developments did not just raise the level of...
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"During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But why was Britain the technological leader? We argue that one hitherto little recognized British advantage was the supply of highly skilled, mechanically able craftsmen who were...
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Using newly collected national and sub-national data, and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
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