This study explores how the rent-seeking behavior of government may impede economic development and delay industrialization. Introducing a to Schumpeterian growth model that features endogenous takeoff, we find more self-interested engages in taxation, which delays economy’s transition from pre-industrial stagnation modern growth. Quantitatively, completely could have delayed industrialization,...

the production of shear flow profile in a wind tunnel test-section with the aid of in-plain horizontal wire-grids is explained. the design procedure with experimental results are given. it is concluded that the deepest shear, produced by this procedure, cannot have a slope of more than 1.777. it is shown that the stagnation streamlines in a shear flow will be displaced due to the existence of s...

The past two hundred years have seen a remarkable transformation in the standard of living of a substantial fraction of the world’s population. Since about 1800, real wages of ordinary workers in Western Europe and North America have risen steadily by roughly one to two percent per year. This has lead to a cumulative increase in real wages of a staggering 1500%. In sharp contrast, real wages of...