comments

Stages

The two stages of service economy growth are not a well-known. It's from a recent NBER paper (see citation). The first stage is "main street:" restaurants, service shops, movies, etc. The second stage is finance and professional consultation, enabled by global IT and financial services.

RELATED ARTICLESExplain
⌅
Compression Thinking
⌃
Compression vs. Expansion Thinking
⌃
Expansion Economics
⌃
History - how did we get this way?
⌃
Service Industries
■
Stages
□
"Information"
□
Bloat
□
Substitution
□
Graph of this discussion
Enter the title of your article


Enter a short (max 500 characters) summation of your article
Enter the main body of your article
Lock
+Comments (0)
+Citations (1)
+About
Enter comment

Select article text to quote
welcome text

First name   Last name 

Email

Skip