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.
The Unified Growth Theory is a puzzling collection of myths based on illusions created by hyperbolic distributions. Some of these myths are discussed. The examination of data shows that the three stages of growth (Malthusian Regime, Post-Malthusian Regime and Modern Growth Regime) did not exist and that Industrial Revolution had no influence on the economic growth and on the growth of human population . All elaborate explanations revolving around phantom features created by hyperbolic illusions might be fascinating but they are scientifically unacceptable and, consequently , they do not explain the economic growth. The data clearly indicate that the economic growth was not as complicated as described by the Unified Growth Theory but elegantly simple.
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story based firmly
puzzling collection of myths based
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The
Some of these myths are discussed. The examination of data shows that the
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. The great divergence and the abrupt take-off never happened
and that Industrial Revolution had no influence on the economic growth and on the growth of human population
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these phantom features represent an interesting story
phantom features created by hyperbolic illusions might be fascinating
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therefore
consequently
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Industrial Revolution had no effect on the economic growth. The
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and untidy as incorrectly
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