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Historical analysis reveals the fragility of economic progress across autocracies and liberal democracies, highlighting systemic political barriers to sustained innovation.
David Robinson of Duke University and NBER reviews “How Progress Ends: Technology, Innovation, and the Fate of Nations” by Carl Benedikt Frey. The Econlit abstract of this book begins: “Explores the dynamic interaction between technological change and economic progress, highlighting the fragility of progress by means of a historical analysis of autocracies and liberal democracies alike.”
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