Abramovitz and Paul

Abramovitz and Paul are economic thinkers who studied how technological progress influences economic growth. Abramovitz highlighted that advances in technology drive improvements in productivity, leading to higher living standards over time. Paul (likely referring to Paul Romer or Paul Samuelson, depending on context) contributed ideas about how innovations and knowledge creation fuel sustained economic development. Together, their work emphasizes that technological innovation is a key factor behind long-term economic growth, shaping the ability of economies to produce more goods and services efficiently, benefiting society overall.