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.


Written by gregorymcnamee

October 17, 2010 at 1:10 am

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