First published in 1961, Kenneth K. Kurihara 's National Income
and Economic Growth makes a pioneering effort to integrate national
income accounting, income-employment theory and growth analysis as
a unified whole. In his belief that growth economics is taught most
effectively as a dynamic implication of basic national income
theory, Professor Kurihara offers a much fuller treatment of
economic growth than most other texts of this genre. The author
addresses the complex and pivotal problem of achieving the highest
possible rate of growth of real national income while maintaining
full employment without inflation, yet the book is confined to the
clarification of the technical aspects of the problem. Professor
Kurihara endeavours to make allusion to practical application and
broad determinants of determinants throughout in the varying
context of a modern mixed open economy with its dynamic interaction
of the private, the public and the foreign trade sectors. The book
is intended for intermediate students of macro-economic theory.
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