Capital accumulation as an idea sits close to the center of modern economic growth theory. Any introduction into the field will begin with physical capital accumulation, before population growth, technological progress, human capital and even institutions are progressively thrown into the mix to explain the real world. As far as modern macroeconomics is concerned, I […]

This is the last book for the year 2007 for me. This book created quite a buzz in the economic realm. I have actually cheated my way through and read its reviews. Still, that fails to satisfy my curiosity. Thus, the purchase. The odd thing is, an almost the same point that is central to […]