Abstract
The evolution of economies during the major portion of human history was marked by Malthusian stagnation. Technological progress and population growth were minuscule by modern standards, and the average growth rates of income per capita in various regions of the world were even slower due to the offsetting effect of population growth on the expansion of resources per capita.
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Galor, O. (2010). economic growth in the very long run. In: Durlauf, S.N., Blume, L.E. (eds) Economic Growth. The New Palgrave Economics Collection. Palgrave Macmillan, London. https://doi.org/10.1057/9780230280823_9
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DOI: https://doi.org/10.1057/9780230280823_9
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