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Colorado School of Mines - FALL 2010 | ||
Section A | ||
 | The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism (Updated Edition) by William Jack Baumol Paperback, 336 Pages, Published 2004 ISBN-10: 0-691-11630-X / 069111630X ISBN-13: 978-0-691-11630-3 / 9780691116303 Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capita | |