Economic growth Quote by Edward A. Hudson

“... economic growth is driven by supply factors such as improved technologies and access to more or better resources.”

— Campbell McConnell

“there have been two keys to economic growth in America: (1) the continuing sequence of new products which consumers wish to buy, and (2)…

— Edward A. Hudson

“Economic growth took place at the product and industry level; growth was driven by demand and enabled by supply expansion.”

— Edward A. Hudson

“This sequence illustrates one crucial feature of economic growth – the succession of new products which met huge consumer demand, creating growth industries which…

— Edward A. Hudson

“growth processes operate at the market level, not the economy-wide level. This requires us to look at growth industry by industry.”

— Edward A. Hudson

“Economic growth continued by means of a succession of new products which found growing and ultimately massive demand. Some of the new products were…

— Edward A. Hudson

“production capability increases through investment and productivity gains, allowing supply to expand to sustain the growing demand and to generate increasing net incomes. The…

— Edward A. Hudson

“the United States grew in exactly the same way as Britain - by developing a sequence of successful new products, creating new markets and…

— Edward A. Hudson

If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing,…

— Larry Page

Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological…

— William E. Simon

“We approach economic growth from a practical point of view. To do this we look at the history of growth to work out the…

— Edward A. Hudson

“Economic growth always involves change. New goods and services are introduced, patterns of spending and consumption change, production expands, new production processes are developed,…

— Edward A. Hudson