Unlock the secrets to sustained economic growth with this seminal work. Delve into how evolving technology and adaptive economizing behavior fundamentally reshape productivity, resource allocation, and living standards. Gain a long-term perspective, viewing economic development as an ‘explosive process’ driven by turbulent transitions as societies adapt. This book is essential for Indian economics students, researchers, and business professionals eager to understand the deep drivers of economic evolution and future development pathways. Master the dynamics shaping nations and embrace a comprehensive understanding of global economic transformations.