Idea for those studying advanced macroeconomic and written by a
widely published author, this book outlines a new and more fruitful
way of understanding, analyzing and formally modelling economic
growth. In his series of lectures, collected here in one concise
and engaging book, Amit Bhaduri draws on contemporary issues such
as the role of competition policy, labour market flexibility and
intellectual property rights regime in influencing the rate of
economic growth to sketch an alternative approach to mainstream
growth theory. He explores: the role of division of labour
innovation and market structure according to Smith, Marx and
Schumpter the role of class distribution of income according to
Ricardo the principles of effective demand according to Keynes and
Kalecki. It is an invaluable tool for anyone engaged with growth
and distribution theory and technical innovation, as well as taking
advanced macroeconomics.
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