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Growth and Distribution - Second Edition (Hardcover, 2nd edition)
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Growth and Distribution - Second Edition (Hardcover, 2nd edition)
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A major revision of an established textbook on the theory,
measurement, and history of economic growth, with new material on
climate change, corporate capitalism, and innovation. Authors
Duncan Foley, Thomas Michl, and Daniele Tavani present Classical
and Keynesian approaches to growth theory, in parallel with
Neoclassical ones, and introduce students to advanced tools of
intertemporal economic analysis through carefully developed
treatments of land- and resource-limited growth. They cover
corporate finance, the impact of government debt and social
security systems, theories of endogenous technical change, and the
implications of climate change. Without excessive formal
complication, the models emphasize rigorous reasoning from basic
economic principles and insights, and respond to students' interest
in the history and policy dilemmas of real-world economies. In
addition to carefully worked out examples showing how to use the
analytical techniques presented, Growth and Distribution presents
many problems suitable for inclusion in problem sets and
examinations. Detailed answers to these problems are available.
This second edition includes fresh data throughout and new chapters
on climate change, corporate capitalism, models of wealth
inequality, and technical change.
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