{"title":"Dietrich Vollrath","description":"\u003cp\u003eDietrich Vollrath's works offer clear and insightful explorations into economic growth and development. Readers can expect rigorous analysis paired with accessible explanations, making complex economic principles understandable for both students and enthusiasts.\u003c\/p\u003e\n\n\u003cp\u003eHis books, such as \u003cem\u003eFully Grown\u003c\/em\u003e and \u003cem\u003eIntroduction to Economic Growth\u003c\/em\u003e, serve as valuable resources within \u003cstrong\u003eEducation \u0026amp; Reference\u003c\/strong\u003e, providing a strong foundation for anyone interested in the forces shaping economies worldwide.\u003c\/p\u003e","products":[{"product_id":"introduction-to-economic-growth-by-dietrich-vollrath-9780393920789","title":"Introduction to Economic Growth","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThe long-awaited revision of the text that brought growth theory to the classroom. \u003cem\u003eIntroduction to Economic Growth\u003c\/em\u003e is the only text to synthesise the journal literature in a way that makes this important field accessible to undergraduates. Charles I. Jones and new co-author Dietrich Vollrath have updated and revised the text to reflect recent advances in Economic Growth Theory in clear, direct language.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47424391905516,"sku":"9780393920789","price":161.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780393920789.jpg?v=1774768573"},{"product_id":"fully-grown-by-dietrich-vollrath-9780226820040","title":"Fully Grown","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cem\u003eVollrath challenges our long-held assumption that growth is the best indicator of an economy's health.\u003c\/em\u003e\u003c\/p\u003e\n\n\u003cp\u003eMost economists would agree that a thriving economy is synonymous with GDP growth. The more we produce and consume, the higher our living standard and the more resources available to the public. This means that our current era, in which growth has slowed substantially from its postwar highs, has raised alarm bells. But should it? Is growth actually the best way to measure economic success—and does our slowdown indicate economic problems?\u003c\/p\u003e\n\n\u003cp\u003eThe counterintuitive answer Dietrich Vollrath offers is: No. Looking at the same facts as other economists, he offers a radically different interpretation. Rather than a sign of economic failure, he argues, our current slowdown is, in fact, a sign of our widespread economic success. Our powerful economy has already supplied so much of the necessary stuff of modern life, brought us so much comfort, security, and luxury, that we have turned to new forms of production and consumption that increase our well-being but do not contribute to growth in GDP.\u003c\/p\u003e\n\n\u003cp\u003eIn \u003cem\u003eFully Grown\u003c\/em\u003e, Vollrath offers a powerful case to support that argument. He explores a number of important trends in the US economy: including a decrease in the number of workers relative to the population, a shift from a goods-driven economy to a services-driven one, and a decline in geographic mobility. In each case, he shows how their economic effects could be read as a sign of success, even though they each act as a brake on GDP growth. He also reveals what growth measurement can and cannot tell us—which factors are rightly correlated with economic success, which tell us nothing about significant changes in the economy, and which fall into a conspicuously gray area.\u003c\/p\u003e\n\n\u003cp\u003eSure to be controversial, \u003cem\u003eFully Grown\u003c\/em\u003e will reset the terms of economic debate and help us think anew about what a successful economy looks like.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47460842209516,"sku":"9780226820040","price":35.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780226820040-fully-grown.jpg?v=1774954059"},{"product_id":"introduction-to-economic-growth-by-dietrich-vollrath-9781324063704","title":"Introduction to Economic Growth","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cem\u003eIntroduction to Economic Growth\u003c\/em\u003e, Fourth Edition, is the only text to synthesise the research and thinking on growth in a way that is accessible to undergraduates.\u003c\/p\u003e\n\n\u003cp\u003eHighlights of this thorough revision include its emphasis on and discussion of recent advancements in how we understand our economy of ideas and updates to show how core models—Romer, Solow, and Schumpeter—impact decision making.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47463308591340,"sku":"9781324063704","price":156.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781324063704-introduction-to-economic-growth.jpg?v=1775030946"}],"url":"https:\/\/bookhero.co.nz\/collections\/dietrich-vollrath.oembed","provider":"Book Hero","version":"1.0","type":"link"}