Binary economics simultaneously offers a paradigm for understanding economic efficiency, growth, and justice that is foundationally distinct from classical, neoclassical, Keynesian, and socialist economics. First proposed by Louis Kelso, binary economics also offers a prescription for...

I was born in Russia in 1901, of Jewish parents, and came to the United States in 1922 to join my father who left Russia for the United States before World War I. My university studies began in Russia, and were completed at Columbia University (B.Sc. in 1923, M.A. in 1924, Ph.D. in 1926). It was...

Lecture to the memory of Alfred Nobel, December 11, 1971

Les nouvelles théories de la croissance, dites " théories de la croissance endogène ", se proposent de mettre en exergue différents modèles dans lesquels la croissance est assurée par l'accumulation d'un facteur particulier (capital humain, technologie, infrastructures publiques, etc.)....

The industrial revolution and the subsequent industrialization of the economies occurred fi…rst in temperate regions. We argue that this and the associated positive correlation between absolute latitude and GDP per capita is due to the fact that countries located far from the equator suffered...

The industrial revolution and the subsequent industrialization of the economies occurred first in temperate regions. We argue that this and the associated positive correlation between absolute latitude and GDP per capita are due to the fact that countries located far from the equator suffered...

This paper seeks new insights concerning the health transition in 20th century Spain by analyzing both traditional (mortality-based) and alternative (anthropometric-based) health indicators. Data were drawn from national censuses, vital and cause-of-death statistics and seven National Health...

We illustrate the ongoing research line on Growth, History, and Institutions, which adds to economic growth analysis a historical and an institutional dimension, both at the theoretical and the empirical level. We present applications of this research strategy to the impact of colonization on...

Questions of how globalization affects opportunities for its victims and its critics to alter and improve society, today and from a historical perspective, are constructively explored.M.Hardt provides insights into the dynamics of social change under the pressures of imperial and cultural...

The debate among economists about an optimal growth recipe has been the subject of competing 'narratives.' We identify four major growth narratives using the text analytics of IMF country reports over 1978-2019. The narrative 'Economic Structure'-services, manufacturing, and agriculture-has been...