This compendium of essays brings together some of William Baumol's most distinguished and acclaimed papers with some that are more rare, including a discussion of the growth and innovation mechanism that accounts for the unprecedented growth performance of the market economies. Amongst many other papers of note are a discussion of appropriate regulatory principles for privatized and deregulated firms, and a survey of the accomplishments of economists in the past century and the past millennium. This collection includes the following essays:
- Productivity Growth, Convergence and Welfare: What the Long-Run Data Show
- On the Possibility of Continuing Expansion of Finite Resources
- Social Wants and Dismal Science: The Curious Case of the Climbing Costs of Health and Teaching
- Towards Microeconomics of Innovation: Growth Engine Hallmark of Market Economics
- Use of Antitrust to Subvert Competition
- Predation and the Logic of the Average Variable Cost Test.
The papers engage with an eclectic range of issues and represent a vignette of the author's varied contributions to the economic literature.
- ISBN10 1843763508
- ISBN13 9781843763505
- Publish Date 26 August 2003
- Publish Status Active
- Publish Country GB
- Imprint Edward Elgar Publishing Ltd
- Format Hardcover
- Pages 320
- Language English