Many view the period after the Second Industrial Revolution as a paradigm of a transition to a new economy following a technological revolution, including the Information Technology Revolution. We build a quantitative model of diffusion and growth during transitions to evaluate that view. With a learning process quantified by data on the life cycle of US manufacturing plants, the model accounts...

t current time, a revolution has started. A revolution called Big Data. This revolution is not limited to volume of data: this revolution requires us to change everything about technology those we daily use. It is necessary to change the architecture of modern data centres, the programming technologies available, and the way we see (and use) sensors and other instruments, and finally, requires ...

With the revolution in information technology, we experience profound changes in the nature of our world. Indeed, we live in an information age. The information technology revolution fundamentally changed our lifestyle. For example, our homes operate automatically when no one is at home. The IT revolution made it possible to communicate with someone located on the opposite side of the globe on ...

A revolution is underway in health education and support for patients with, or at risk for, diabetes. This chapter will present examples of technology-enabled behavior change interventions that have the potential to lead this revolution in healthcare transformation. The seeds of the coming revolution have already been sown, though most of us can only see the emerging sprouts of these changes. T...

Profound socioeconomic pressures on medical student education have been catalogued extensively. These pressures include teaching patient shortages, teacher shortages, conflicting systems, and financial problems. Many of these problems have been caused by an unregulated free market affecting medicine overall, with market values sometimes overshadowing the academic values of education, research, ...

The purpose of this paper is to explain the causes of long-run movements in the parallel market premium in the pre-and-post revolution Iranian economy. The paper suggests that the premium is affected by both real and monetary shocks. Non-spurious co-integration results indicate that negative oil revenue shocks and a revolution-induced exogenous capital outflow caused the parallel market paralle...

Industrial or “Green Revolution” agriculture depends upon petroleum to manufacture and spread fertilizers, pesticides and herbicides and to power irrigation systems that act upon crops selected to increase agricultural yield. It has been criticized on the grounds that it has favored mainly rich farmers and caused serious environmental pollution. Now a second “Green Revolution” is being proposed...

In pre-industrial economies labour supply curves often bend backwards at very low levels of income. This changed prior to the industrial revolution: total working hours increased (De Vries (1993, Voth (1998,2000). This paper examines this industrious revolution using a model of labour supply where consumption takes time. This analytical framework enables us to draw a distinction between a pessi...