The growth of economies depends on the expansion of consumption sets, either through our inherent desire for novelty or through the power of marketing in expanding the range of goods and services we aspire to consume. As economic growth proceeds, more and more of the connections that we forge with others become economic in nature, [...]
Posted in Business, Economic
Implicitly or otherwise, all talk of economic transformation is talk of a dynamical process. But a dynamical process can mean many things. So the question should be more specific: What kind of dynamical process is economic transformation? There are many ways of describing economic transformation. It may be a smooth and laminar process, for example, [...]
Posted in Business, Economic