Article: As Time Goes By: From the Industrial Revolutions to the Information Revolution. (Book Reviews).

CHRIS FREEMAN and FRANCISCO LOUCA, As Time Goes By: From the Industrial Revolutions to the Information Revolution (Oxford: Oxford University Press, 2001. Pp.xv + 407. ISBN 0 19 924107 4, [pounds sterling]50).

The authors of this book posit a framework for understanding historical change within the 'long waves research' paradigm. The book begins with select contributions to the history of economic and econometric thinking: Kondratiev, Schumpeter, practitioners of the 'new' economic history and business cycle analysts of the early twentieth century. The authors go on to demonstrate their own framework with an interpretation of technological change since the ...

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