The invisible hand and the weightless economy
Quah, D.
(1996).
The invisible hand and the weightless economy.
(Centre for Economic Performance occasional papers CEPOP12).
London School of Economics and Political Science. Centre for Economic Performance.
As modern economies grow, production and consumption shift towards economic value that reside in bits and bytes, and away from that embedded in atoms and molecules. This paper discusses the implications of such changes for the nature of ongoing growth in advanced economies and for the dynamics of earnings and income distributions - polarization, inequality - across people within societies.
| Item Type | Working paper |
|---|---|
| Copyright holders | © 1996 The author |
| Departments | LSE |
| Date Deposited | 27 Apr 2007 |
| URI | https://researchonline.lse.ac.uk/id/eprint/2271 |
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