The fundamental concepts of the Unified Growth Theory , the three stages of growth (Malthusian Regime, Post-Malthusian Regime and Modern Growth Regime) are contradicted by data. The three stages of growth did not exist and the Industrial Revolution had no effect on the world economic growthand on the growth of human population. Whatever the Unified Growth Theory is describing it is not describing the economic growth and the growth of human population .
The Unified Growth Theory is a story based firmly on illusions created by hyperbolic distributions. The three stages of growth (Malthusian Regime, Post-Malthusian Regime and Modern Growth Regime) did not exist . The great divergence and the abrupt take-off never happened. All elaborate explanations revolving around these phantom features represent an interesting story but they are scientifically unacceptable and, therefore, they do not explain the economic growth. The Industrial Revolution had no effect on the economic growth. The data clearly indicate that the economic growth was not as complicated and untidy as incorrectly described by the Unified Growth Theory but elegantly simple .
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fundamental concepts of the
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is a story based firmly on illusions created by hyperbolic distributions. The
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are contradicted by data. The three stages of growth
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and the
. The great divergence and the abrupt take-off never happened. All elaborate explanations revolving around these phantom features represent an interesting story but they are scientifically unacceptable and, therefore, they do not explain the economic growth. The
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world economic growthand on the growth of human population. Whatever the Unified Growth Theory is describing it is not describing the economic growth and the growth of human population
economic growth. The data clearly indicate that the economic growth was not as complicated and untidy as incorrectly described by the Unified Growth Theory but elegantly simple