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  1. Economic growth - Wikipedia


    Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.. Growth is usually calculated in real terms - i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced.

  2. Crony Capitalism and Economic Growth in Latin America ...


    Crony Capitalism and Economic Growth in Latin America: Theory and Evidence [Stephen Haber] on Amazon.com. *FREE* shipping on qualifying offers. Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America.

  3. Economics - Wikipedia


    Economics (/knmk s, i k -/) is the social science that studies the production, distribution, and consumption of goods and services.. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions.

  4. Essays - Paul Graham


    General and Surprising: Charisma / Power: The Risk of Discovery: This Year We Can End the Death Penalty in California: How to Make Pittsburgh a Startup Hub



    Neo-Classical Economic Theory, Marginal Analysis, Or The Revolution In Value and Dstribution Theory As I have said, this era (1870 to 1914) witnessed, along with renewed prevalence of the liberal ideology, a great renaissance, and array of new, further advances of economic theory of the main-traditional, liberal-and-scientific, general kind.

  6. Selected Essays on Political Economy - Econlib


    Frederic Bastiat (1801-1850) was a French economist, statesman, and author. He led the free-trade movement in France from its inception in 1840 until his untimely death in 1850. The first 45 years of his life were spent in preparation for five tremendously productive years writing in favor of freedom. Bastiat was the founder of the […]

  7. How economists rode maths to become our era’s astrologers ...


    It’s in the stars; Ben Bernanke testifies before the Joint Economic Committee on Capitol Hill June 7, 2012 Photo by Win McNamee/Getty

  8. Monetary Policy in Nigeria - The Impact of Monetary Policy ...


    Accelerating the pace of Economic Growth and Development . Monetary policy aims at promoting economic growth and development. Development may be measured by the level of income per heard, capital per head, savings per head, the percentage of unexploited resources amount of public goods, the extent to which the working class obtained education.

  9. The role of intellectual property rights in economic growth


    By influencing the incentives to innovate, intellectual property rights protection may affect economic growth in important ways. An important question for many countries is whether stricter enforcement of intellectual property is a good strategy for economic growth.

  10. Turnpike Theory Website


    2.A history of Turnpikes. The turnpike theory is originated in two famous papers. One is the paper by John von Neumann (1937) titled “A Model of General Economic Equilibrium”, and the other is the one by Frank Ramsey (1928) titled “A Mathematical Theory of Saving”.