End of the Economic Miracle

Originally published in 1971, this report presents Dr Janossy's attempt to demonstrate that all post-war economic 'miracles' lasted only until production levels reached the levels they should have done had there been no war and concludes that economic development is extremely consistent. Janossy also provides a detailed growth theory which suggests that this consistency is reached purely by the development of mankind and occupational structure rather than research or capital development. This title will be of interest to students of Business and Economics.