Recommended Reading
Four hundred years of growth, management lessons from the Luftwaffe and the economics of James Bond.
A very Happy New Year to all Value Added subscribers.
Four Ages of Growth
With a hat tip to Davis Kedrosky (and I also recommend his excellent recent post on Douglass North), this new(ish) Bob Allen paper on American and British economic history is well worth a look.
A really useful, if high level, approach to putting wages, technology and globalisation in…