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The invisible hand and the weightless economy

Quah, Danny (1996) The invisible hand and the weightless economy. Centre for Economic Performance occasional papers, CEPOP12. Centre for Economic Performance, London School of Economics and Political Science, London.

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Identification Number: CEPOP12

Abstract

As modern economies grow, production and consumption shift towards economic value that reside in bits and bytes, and away from that embedded in atoms and molecules. This paper discusses the implications of such changes for the nature of ongoing growth in advanced economies and for the dynamics of earnings and income distributions - polarization, inequality - across people within societies.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/
Additional Information: © 1996 The author
Subjects: H Social Sciences > HB Economic Theory
Sets: Collections > Economists Online
Research centres and groups > Centre for the Economics of Education (CEE)
Series: Working Papers > CEP Occasional Papers
Date Deposited: 27 Apr 2007
Last Modified: 22 Nov 2012 16:27
URI: http://eprints.lse.ac.uk/id/eprint/2271

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