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The nature of energy and material resources in an endogenous growththeory framework is clarified. This involves three modifications of the conventional theory. Firstly, multiple feedback mechanisms or "growth engines" are identified. Secondly, a productionfunction distinguishesbetween resource...
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Contents -- Preface -- Acknowledgments -- 1 Background -- 2 On the Role(s) of Energy in the Economy -- 3 A Brief History of Bubbles and Busts through 1933 -- 4 Post-World War II -- 5 After the End of Glass-Steagall -- 6 The Role of Misbehavior -- 7 Where Do We Stand Today? -- 8 A Policy Agenda...
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