W. Brian Arthur Quote

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)

Picture Quote 1

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

Picture Quote 2

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

Picture Quote 3

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

Picture Quote 4

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