Growth and the Internet: Surfing to Prosperity?
In the late nineteenth century, the economist Thomas Malthus made a simple prediction of economic theory that would result in the discipline being forthwith known as the dismal science. The pessimistic extrapolation for which Malthus is famed foretold of long economic cycles in which widespread famine must be an inevitable part.
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Altig, David, and Peter Rupert. 1999. “Growth and the Internet: Surfing to Prosperity?” Federal Reserve Bank of Cleveland, Economic Commentary 9/1/1999. https://doi.org/10.26509/frbc-ec-19990901