{"product_id":"the-path-of-economic-growth","title":"The Path of Economic Growth","description":"\u003cp\u003eThe writings on the theory of economic growth share almost without exception two characteristics – they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli – changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.\u003c\/p\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46646837477614,"sku":"9780521125338","price":72.42,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9780521125338.jpg?v=1750161865","url":"https:\/\/bookland.com.au\/products\/the-path-of-economic-growth","provider":"Book Land AU","version":"1.0","type":"link"}