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Does Technical Knowledge by Itself Drive Economic Growth?
Ask most people why our economy is advanced, and they will likely will answer, “Technology.” Yet, technical knowledge is meaningless without capital development, and capital development is impossible without real savings.
Original article: Does Technical Knowledge by Itself Drive Economic Growth?
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By Mises Institute
4.7
9393 ratings
Ask most people why our economy is advanced, and they will likely will answer, “Technology.” Yet, technical knowledge is meaningless without capital development, and capital development is impossible without real savings.
Original article: Does Technical Knowledge by Itself Drive Economic Growth?
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