||3 of 3 people found the following review helpful.| Great book detailing problems of economic systems.|By Publius Fidesiuscultus|This book should not be read by those seeking a simple explanation for ecomics. The book is rather a detailed study for those more accomplished readers of economics. The book's premise is simple and the journey while short and compact is documented quite extensively.|3 of 3 people found the followi|About the Author||Stephen L. Parente is Associate Professor of Economics at the University of Illinois, Urbana-Champaign.
|Edward C. Prescott is Regents' Professor at the University of Minnesota and Economic Advisor, F
Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The pu... [PDF.tq56] Barriers to Riches (Walras-Pareto Lectures) Rating: 3.82 (459 Votes)
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You can specify the type of files you want, for your device.Barriers to Riches (Walras-Pareto Lectures) | Stephen L. Parente, Edward C. Prescott. A good, fresh read, highly recommended.