Carlota Perez

Carlota Perez is a distinguished economist known for her work on technological change and its impact on economic development. She developed the "Technological Revolutions and Financial Capital" framework, which describes how technological innovations drive economic cycles and influence social structures. Perez argues that society goes through phases of economic growth and transformation, often initiated by new technologies, followed by financial speculation and eventual adaptation. Her insights help explain the relationship between technology, finance, and socio-economic development, offering valuable perspectives for understanding modern economic shifts and challenges.