Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as the simple function of one money-variable over time, with a long-term trend which increases monotonically.


p. 168 - Break-Out from the Crystal Palace (1974)


Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as...

Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as...

Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as...

Unlike Hegel's progress model of history, which moves by stages, each containing its own logic of growth and decline, the economic model develops as...