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Focusing on human capital, the book presents an ambitious model that integrates historical economic phases, from Malthusian stagnation to modern growth driven by human capital. It aims to explain the transitions between these eras through an internally generated framework, blending factual analysis with theoretical insights. The work stands out for its comprehensive approach to understanding economic development and demographic shifts throughout history.
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Unified Growth Theory, Oded Galor
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- 2011
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