Economic Growth

“Economic growth” means the rise of an economy’s productivity, due to the discovery of new products, new techniques, which means: due to the achievements of men’s productive ability.

“Promises to Parasites Fail to Bring Results,”
Los Angeles Times, June 24, 1962.

Nothing can raise a country’s productivity except technology, and technology is the final product of a complex of sciences (including philosophy), each of them kept alive and moving by the achievements of a few independent minds.

The Ayn Rand Letter “The Moratorium on Brains,” The Ayn Rand Letter, I, 3, 5.

See also CAPITALISM; ECOLOGY/ENVIRONMENTAL MOVEMENT; NEW LEFT; PRODUCTION; TECHNOLOGY.

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