Increasing-returns economics has roots that go back 70 years or more, but its application to the economy as a whole is largely new.


p. 1: Chapter 1. Positive feedback in economics - Increasing Returns and Path Dependence in the Economy, (1994)

W. Brian Arthur Quotes

Increasing-returns economics has roots that go back 70 years or more, but its application to the economy as a whole is largely new.

Increasing-returns economics has roots that go back 70 years or more, but its application to the economy as a whole is largely new.

Increasing-returns economics has roots that go back 70 years or more, but its application to the economy as a whole is largely new.

Increasing-returns economics has roots that go back 70 years or more, but its application to the economy as a whole is largely new.