Missing Pieces That Drive Growth
Innovation in Economics
Conventional economic wisdom, growth 101, teaches capital and labor are its primary drivers. But that's too simple. They are tertiary and secondary. Conventional wisdom is not as smart as it seems. As a result the impact of innovation on growth has been underestimated by economists for decades. This is no small matter. The origins of growth are at the heart of human welfare across the globe. Commercial Knowledge far exceeds what has ever been assimilated into Economics, including on innovation. It overcomes a deficiency in Economics identified by Peter F. Drucker and thereby solves the growth problem. read a review in Google Books and order it here or just download the ring binder edition here