1 . The extensive use of tools, machinery, and other forms of physical capital sets human beings...

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1 . The extensive use of tools, machinery, and other forms of physical capital sets human beings apart from other animals. An increase in the quantity (and quality) of tools and the adoption of innovative, roundabout methods of production have made our current standard of living possible.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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