Old Wine in New Bottles: A Bitter Taste

His first point is that knowledge about economic development is very limited. Much of economic growth has to be attributed to the "residual" -- "the measure of our ignorance," as Robert Solow calls it. In the best studied case, the United States, two-thirds of the rise in per capita income falls within this category. Similarly, the Asian NICs provide "no obvious lessons," having followed "varied and ambiguous" paths that surely do not conform to what "current orthodoxy says are the key to growth." Krugman recommends "humility" in the face of the limits of understanding, and caution about "sweeping generalizations.".
Keywords No keywords specified (fix it)
Categories No categories specified
(categorize this paper)
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index Translate to english
Download options
PhilPapers Archive

Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 16,661
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA

No references found.

Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles
Norman J. Wells (1979). Old Bottles and New Wine. New Scholasticism 53 (4):515-523.
Richard Lawson (1928). Old Wine in New Bottles. Australasian Journal of Philosophy 6 (4):297 – 299.
Tang Yijie & Yan Xin (2008). The Contemporary Significance of Confucianism. Frontiers of Philosophy in China 3 (4):477 - 501.
H. E. Baber (1987). How Bad Is Rape? Hypatia 2 (2):125 - 138.

Monthly downloads

Added to index


Total downloads

5 ( #377,318 of 1,726,249 )

Recent downloads (6 months)

1 ( #369,877 of 1,726,249 )

How can I increase my downloads?

My notes
Sign in to use this feature

Start a new thread
There  are no threads in this forum
Nothing in this forum yet.