Technical change and the growth of knowledge had.
. Technical change and the growth of knowledge had become endogenous — within the vocabulary and province of economics to explain.. . Romer’s 1990 paper divided up the economic world along lines different from earlier ones. Overnight for those who were involved in actually making the intellectual revolution, more slowly for the rest of us, the traditional "factors of production" were redefined. The fundamental categories of economic analysis ceased to be, as they had been for two hundred years, land, labor, and capital. This most elementary classification was supplanted by people, ideas, things. .
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