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The Theory of Economic Growth - A 'Classical' Perspective (Hardcover, illustrated edition)
Loot Price: R4,054
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The Theory of Economic Growth - A 'Classical' Perspective (Hardcover, illustrated edition)
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The Theory of Economic Growth compares the main theories of growth
from Adam Smith to the present day in order to isolate their
logical structures, theoretical domains and methodological
underpinnings. The book provides original solutions to theoretical
questions still debated in contemporary literature and points out
new directions for further research.The authors carry out a
'vertical' or in-depth analysis of the three main schools of
thought; classical, Keynesian and neo-classical. They perform a
'horizontal' analysis of a wide range of items connected with
growth theory, such as competition, technical change, division of
labour, business cycles, the impact on environment, and the
financial intermediation. Attention is also given to the
evolutionary approach to economic growth. This book will be of
great interest to scholars of economic growth, macroeconomics, and
historians of economic thought.
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