Dynamics of Technological Change

Technology is not an end in itself, but a way of satisfying human wants. It shows us how to solve the age-old economic problem of surviving and pros­ pering in a hard world. But to optimize the benefits of technological advance requires an understanding of how it happens. The purpose of this book is to provide some of that understanding. The subject is so enormous and so intertwined with every human activity that a small selection of it, and that from a special viewpoint, is inevitable. The...