As Time Goes By. From The Industrial Revolution... < Top 20 Top >

: It argues that economic growth is not just about technology; it requires "congruence" between the economy and the political, cultural, and scientific subsystems of society.

Published by Oxford University Press in 2001, the work is a seminal text in evolutionary economics that analyzes how the global capitalist system has evolved through successive waves of technological change. Core Themes and Structure As time goes by. From the Industrial Revolution...

: The authors utilize Kondratiev's "long wave" theory to explain structural crises of adjustment and how new technologies eventually lead to economic growth. : It argues that economic growth is not

The phrase "As Time Goes By: From the Industrial Revolution..." refers to the authoritative book , written by Chris Freeman and Francisco Louçã . As time goes by. From the Industrial Revolution...