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Endogenous Growth in Historical Perspective - From Adam Smith to Paul Romer (Hardcover, 1st ed. 2022)
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Endogenous Growth in Historical Perspective - From Adam Smith to Paul Romer (Hardcover, 1st ed. 2022)
Series: Palgrave Studies in Economic History
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In recent decades, new endogenous growth theory has become popular
but the ideas are not new. They go back at least as far as Adam
Smith, and the subsequent contributions made notably by Alfred
Marshall and Allyn Young. This book critically discusses and
provides an historical perspective to the entire spectrum of
endogenous growth theories starting with Adam Smith and ending with
Paul Romer. It fills an important gap in the literature. While
contributions of individual authors are readily available, there is
no comprehensive study on the subject covering such a vast ground,
critically discussing these authors in a comprehensive framework.
It collates all the arguments and economic viewpoints in one
collection, providing both the seasoned economist and a graduate
economist with a critical comparison of origin, mechanisms,
conclusions, and policy implications of these models.
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