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Oded Galor

Unified Growth Theory Kindle Edition

by Oded Galor (Author)

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For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why?

This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth.

Presents a unified theory of economic growth from the dawn of civilization to today

Explains the worldwide disparities in living standards and population we see today

Provides a comprehensive overview of the three phases of the development process

Analyzes the Malthusian theory and its empirical support

Examines theories of demographic transition and their empirical significance

Explores the interaction between economic development and human evolution

Length: 336 pages	Word Wise: Enabled	Enhanced Typesetting: Enabled
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File Size: 7733 KB
Print Length: 336 pages
Publisher: Princeton University Press (April 11, 2011)
Publication Date: April 11, 2011
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B004UGKKH8
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Amazon Best Sellers Rank: #1,531,805 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
- #234 in Kindle Store > Kindle eBooks > Nonfiction > Politics & Social Sciences > Social Sciences > Demography
- #797 in Kindle Store > Kindle eBooks > Business & Money > Economics > Development & Growth
- #1040 in Books > Politics & Social Sciences > Social Sciences > Demography

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Dallas

Organized Collection of Galor's Papers into one Handbook a la Galor.

February 9, 2014

Format: HardcoverVerified Purchase

Organized Collection of Galor's Papers into one Handbook a la Galor. Yes you can read his papers elsewhere but this save you the trouble of downloading all of them. Unified Growth Theory is exactly what it says its is. This provide a fuller understanding of comparative growth and where developing countries are on the continuum towards modern growth. Without this type of understanding and without taking this total view into account it is hard to expect any policy recommendations for developing countries to be fruitful. There are other companion books in the field that are also must read: Acemoglu & Robinson, and De Soto.

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Zhang

Great experience and great shipment！

November 21, 2018

Format: HardcoverVerified Purchase

I am ready to learn it now！Good book！

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Better Advances Press, Toronto

An excellent book. The delivery services are prompt

March 30, 2015

Format: HardcoverVerified Purchase

An excellent book.
The delivery services are prompt.

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Frank S. Fang

This is not the worst book in Growth Economics.

May 19, 2017

Format: HardcoverVerified Purchase

This is not the worst book in Growth Economics. I read through the whole book and only found one problem: everything is object and there is no subject. Right, no subject, no people; there is population but no people, not to mention state or social conflict. In fact, this is also the problem with the whole Growth Economics, which inherited the neo-classical paradigm with "abstract theories for reference".
To be sure, there is no problem for "abstract theories for reference"; the problem is: when you use it to analyze the reality, you need to change every object into subject, and change every math symbol into real people, which is what I call "the essential conversion", the conversion from "abstract theories for reference" to "concrete theories for explanation". Some realized to add transaction cost, information cost, uncertainty, and limited rationality for this conversion. Yet this conversion is only about People. If you add People, you get all those realistic factors above, and you change a theory for reference into a theory for explanation.
Obviously, Mr. Oded Galor failed to do this, and Robert Solow and Daron Acemoglu (who highly recommend this book in it's back cover) also don't know what they are doing (elsewhere, I warned not to overstate Mr. Acemoglu's works). I know the mainstream Growth Economics will still be very popular, but mainstream is a dead stream, and this book is an over-rated hype. One last thing, Mr. Oded Galor sensed something wrong in the concluding remarks of the book, so that is why I give this book a 2 star (otherwise 1 star).

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