Jacob Schmookler The Greatest Economist You Have Never Heard Of

Schmookler anticipated and proved endogenous growth theory 2 decades before Robert Lucas and Paul Romer and added a number of additional insights.

Jacob Schmookler states "In other words, economics has failed to study the most important questions in economics."

The most important finding in the book, according to Schmookler, is the amount of inventive activity in an industry is directly related to the size of the market.

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