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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (751751)	11/7/2013 8:25:41 PM
From: neolib	Read Replies (1) \| Respond to of 1578343

They seem to be arguing its driven solely by the mental state you have in your head when you exchange a $ for something. AFAIK, an economy can work without $'s. It could also function with technological stasis. Its just that in both cases it makes things a bit more difficult. Lacking either does not preclude growth. You can have growth or contraction simply by working or not working, and it can happen in a purely barter economy.

To: combjelly who wrote (751751)	11/7/2013 9:31:13 PM
From: Jorj X Mckie	1 Recommendation Recommended By TideGlider Respond to of 1578343

Not according to this group. Economic expansion is driven solely by innovation. I'd like to see some references that suggests that this is a common view. The primary driver of economic expansion is really boring...it's simply more people entering the workforce who create or contribute to the creation of good and services that others are willing to trade for symbolic representations of little time slices of their life (money). innovation may cause spikes in economic expansion, but those get normalized rather quickly.