The End of the Economic Miracle

Download or read book The End of the Economic Miracle written by Ferenc Jánossy and published by Routledge. This book was released on 2015-12-22 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1971, this report presents Dr Jánossy’s attempt to demonstrate that all post-war economic ‘miracles’ lasted only until production levels reached the levels they should have done had there been no war and concludes that economic development is extremely consistent. Jánossy also provides a detailed growth theory which suggests that this consistency is reached purely by the development of mankind and occupational structure rather than research or capital development. This title will be of interest to students of Business and Economics.