Unified Growth Theory Contradicted by the Absence of Takeoffs in the Gross Domestic Product
arXiv:1601.04686
Abstract
Data describing historical economic growth are analysed. They demonstrate convincingly that the takeoffs from stagnation to growth, claimed in the Unified Growth Theory, never happened. This theory is again contradicted by data, which were used, but never properly analysed, during its formulation. The absence of the claimed takeoffs demonstrates also that the postulate of the differential takeoffs is contradicted by data.
arXiv comment15 pages, 7 figures, 4320 words. One figure corrected. Conclusions remain unchanged. arXiv admin note: substantial text overlap with arXiv:1509.06612, arXiv:1601.07291