The Industrial Revolution: past and future

Abstract: \\"We live in a world of staggering and unprecedented income inequality,\\" writes Nobel Laureate Robert Lucas in the 2003 annual report essay. Lucas goes on to use economic history to frame explanations and present possible solutions to this global quandary.

Keywords: Industrial organization (Economic theory); Productivity; Lucas, Robert E.; Income distribution;

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Bibliographic Information

Provider: Federal Reserve Bank of Minneapolis

Part of Series: Annual Report

Publication Date: 2004

Volume: 18

Issue: May

Pages: 5-20