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The analysis focuses on the economic growth mechanisms and policies in the United States from 1950 to 2019, emphasizing the significant role of the manufacturing industry and human capital in driving performance. Through macro- and micro-level statistical data and an econometric investigation using an endogenous growth model, the author explores the relationship between technical progress and economic success. Additionally, a chapter discusses the implications of Sino-American economic competition for the future of humanity, making it relevant for those interested in developed capitalist economies.
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A Political Economy of the United States, György Simon
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- 2021
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