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Home | Mises Library | Does Technical Knowledge Always Lead to Economic Growth?

Does Technical Knowledge Always Lead to Economic Growth?

Audio Mises Wire

Tags CapitalismCapital and Interest Theory

09/26/2023Frank Shostak
Narrator: 
Millian Quinteros

Economists and political elites fondly claim that economic growth is due to increased technological knowledge. That is only partly true.

 

Original Article: Does Technical Knowledge Always Lead to Economic Growth?

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Contact Frank Shostak

Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.

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Original Article: 
Does Technical Knowledge Always Lead to Economic Growth?