This work provides a consistent and empirically meaningful
definition of surplus and suggests an analytical framework for
studying economic growth and stagnation using that concept. The
book also presents a case study of the role of surplus in economic
growth. In the first part of the work, a method is developed
emphasizing the links to classical economic theory and the logical
flaws of the earlier works. The second part examines the role of
surplus in one country, and tests the classical hypotheses about
growth in the long run and in a cross-section of countries.
General
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