Econ 479

The Art of Writing, the Science of Economics

Accumulation vs. Innovation

Quoth economics/history writer Stephen Budiansky: “A rational and prosperous society is one that encourages and rewards the accumulation and bequest of wisdom, not cash, from each generation to the next.”

More here and here.

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Written by gregorymcnamee

October 17, 2010 at 1:10 am

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