Knowledge and the Wealth of Nations
Knowledge and the Wealth of Nations
David Warsh
Michael Mauboussin
Great. In my notes, I wrote down four ways in which we refer to 'increasing returns' in economics. - Michael Mauboussin
+
1
All books

Knowledge and the Wealth of Nations

Knowledge and the Wealth of Nations: A Story of Economic Discovery

David Warsh
By
David Warsh
3.9
307
ratings on Goodreads

In the intricate tapestry of economic thought, few threads are as enthralling as the journey to understanding the engines that drive the wealth of nations. David Warsh weaves this narrative with the finesse of a seasoned storyteller in "Knowledge and the Wealth of Nations," focusing on a pivotal breakthrough in modern economics. At the heart of this exploration is Paul Romer, a prodigious graduate student who, in the 1980s, set out to unravel a puzzle that had perplexed economists since Adam Smith—the nature of economic growth. Warsh's account is not just the chronicle of Romer's intellectual odyssey but a vibrant tableau of the evolution of economic theory itself. Through engaging prose, Warsh escorts readers to the frontlines of economic research, where the legacy of giants like Smith and the innovations of new thinkers converge. "Knowledge and the Wealth of Nations" transcends being a mere history, presenting the development of new growth theory as a lens through which to view the rise of dominant firms, the significance of intellectual property, and the strategies nations can employ to foster economic expansion. Much like the seminal works of James Gleick and Brian Greene have demystified complex scientific realms, Warsh offers a rare and exhilarating glimpse into the science of economics, making it accessible and captivating. This book is not just an account of an intellectual victory; it is a testament to the power of ideas to shape the world.

Read more
Released
2006
1 Jan
Length
410
Pages

1

recommendations

recommendation

Great. In my notes, I wrote down four ways in which we refer to 'increasing returns' in economics. - Michael Mauboussin
— David Warsh, Knowledge and the Wealth of Nations

Similar recommendations

View all
The Rational Optimist
11
people
person
The Changing World Order
9
people
person
The Wealth of Nations
8
people
person
Economics in One Lesson
7
people
person
The Sovereign Individual
The Sovereign Individual
James Dale Davidson
7
people
person
The Rise and Fall of American Growth
6
people
person
Capital in the Twenty-First Century
4
people
person
The Law
The Law
Frédéric Bastiat
4
people
person
The Road to Serfdom
4
people
person
Freakonomics
Freakonomics
Steven D. Levitt
3
people
person

This site is part of Amazon’s Associates Program. Purchasing books recommended by successful individuals through my links earns us a small commission, helping keep the site running, at no additional cost to you. Thank you for supporting our site!