Pace Change

An exploration of ideas about world economic development from a new perspective.  Applying the concept of radiocarbon dating to economic analysis produces sharp new insights in a fascinating historical exploration of how the world economy may have developed from the start of specialization down to the present day. 

A study of the impact of tradability, capital encapsulation and market transparency on economic growth creates the context for an investigation of innovation and how new sectors have emerged through history.  The ebook includes a video animation showing a 3D graphical representation of the world economy using the 'capital type', the 'quality type' and the 'innovation type' of 28 production and service sectors.

(A second edition with updated references and minor amendments is available.)