Marginal REVOLUTION
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The Economics Nobel goes to Mokyr, Aghion and Howitt
The Nobel prize goes to Joel Mokyr, the economic historian of the industrial revolution and the growth theorists Phillippe Aghion and Peter Howitt best known for their Schumpeterian model of economic growth. Here’s a good quote from Nobelist Joel Mokyr’s the Lever of Riches. Yet the central message of this book is not unequivocally optimistic […]