The Free-Market Innovation Machine - Analyzing the Growth Miracle of Capitalism

@article{Baumol2002TheFI,
  title={The Free-Market Innovation Machine - Analyzing the Growth Miracle of Capitalism},
  author={W. Baumol},
  journal={Journal of Economics},
  year={2002},
  volume={82},
  pages={93-97}
}
  • W. Baumol
  • Published 2002
  • Economics
  • Journal of Economics
Preface vii CHAPTER 1: Introduction: The Engine of Free-Market Growth 1 PART I: THE CAPITALIST GROWTH MECHANISM CHAPTER 2: The "Somewhat Optimal" Attributes of Capitalist Growth: Oligopolistic Competition and Routinization of Innovation 19 CHAPTER 3: Oligopolistic Rivalry and Routinization to Reduce Uncertainty 30 CHAPTER 4: Oligopolistic Rivalry and Routine Innovation Spending: Theory of the Engine of Unprecedented Capitalist Growth 43 CHAPTER 5: Independent Innovation in History: Productive… Expand
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