Change as Economic Activity

Anne P. Carter

Chapter 2 in Prices, Growth and Cycles, 1997, pp 19-34 from Palgrave Macmillan

Abstract: Abstract As late as the 1970s scientists and health care professionals saw the conquest of human ailments as a fixed goal that society was steadily and rapidly approaching. Today they recognize (Harvard Working Group, 1994) that bacteria and viruses mutate and evolve in response to many influences including the curative agents designed to combat them; disease vectors wax and wane in the changing ecologies that accompany human advance; the population of ‘ailments’ is redefined as options are broadened. Strategy in the battle against disease is now controversial and complex.

Keywords: Production Function; Current Account; Creative Destruction; Change Cost; Informational Investment (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1007/978-1-349-25275-6_2

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