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Adolph Lowe, one of the most eminent scholars of political economics now living, has written a broad and philosophical work examining freedom's costs, and the conditions--economic and political--under which it can be established.
This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli - changes in labour supply, in natural resources and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.
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