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Paul Romer's Idea about Ideas
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Paul Romer's Idea about Ideas

jitendra mudhol's avatar
jitendra mudhol
May 21, 2023
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Paul Romer's Idea about Ideas
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In my previous post Ideas Birth Revolutions, one measure Luke Muelhauser used in his graph showing the impact of the Industrial Revolution was GDP per capita.

Long-run growth is a vital concept in economics, defined as the sustained increase in the quantity of goods and services that an economy produces. The GDP is a typical measure of this.

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