Since the late 1980s, economic growth has again become a central
topic in economic theorising. Recent endogenous growth theory has
greatly contributed to the development of the field. Old and New
Growth Theories analyses the most recent developments in the theory
of economic growth and compares these to earlier theories. The
book's originality is due in part to the assembly of contributions
from scholars of different persuasions - some within the mainstream
and others from Keynesian, Kaleckian and Sraffian traditions. The
authors deal with a comprehensive variety of research topics
including the key elements necessary to generate growth, the
mechanisms of endogeneity of growth and technical change, the role
of aggregate demand and of investment in physical and human
capital. Economic policy issues are also considered. The book will
be appreciated by scholars of economic growth, macroeconomics,
classical and Keynesian economics as well as historians of economic
thought.
General
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