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Growth Quote by Ludwig Lachmann

“...industrial growth is the outcome of conscious and sustained human effort about which "dynamic equations" tell us less than nothing. Growth then is the cumulative effect of individual efforts directed towards the improvement of the productive apparatus of society.” quote by Ludwig Lachmann
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““...industrial growth is the outcome of conscious and sustained human effort about which "dynamic equations" tell us less than nothing. Growth then is the cumulative effect of individual efforts directed towards the improvement of the productive apparatus of society.””

Ludwig Lachmann

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