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Theorists of Economic Growth from David Hume to the Present W. W. Rostow (Professor of Economics, Lyndon B. Johnson School, Professor of Economics, Lyndon B. Johnson School, University of Texas, Texas)

Theorists of Economic Growth from David Hume to the Present By W. W. Rostow (Professor of Economics, Lyndon B. Johnson School, Professor of Economics, Lyndon B. Johnson School, University of Texas, Texas)

Summary

This is a survey of the contributions made by modern economic theorists, from Adam Smith and David Hume to those of the present day.

Theorists of Economic Growth from David Hume to the Present Summary

Theorists of Economic Growth from David Hume to the Present: With a Perspective on the Next Century by W. W. Rostow (Professor of Economics, Lyndon B. Johnson School, Professor of Economics, Lyndon B. Johnson School, University of Texas, Texas)

This book is the summation of a life's work by a distinguished economist. In it he surveys the important theorists in economics from David Hume and Adam Smith to the present, and explores how they chose to deal or not to deal with the variables and problems posed by the dynamics of economic growth. Each of the three historical sections is organized differently according to the particular way in which growth theory was treated in each period. A concluding section deals with what the author considers the unsolved problems of growth theory and the economic agenda facing the world into the next century. It is Rostow's intention that this work stand alongside Schumpeter's "The History of Economic Analysis" as a landmark work in the history of economic theory.

Theorists of Economic Growth from David Hume to the Present Reviews

stimulating and important * Walter Eltis, Economic History Review *

Table of Contents

Introduction; Part I: Six classical economists: David Hume to Karl Marx; David Hume and Adam Smith; T. R. Malthus and David Ricardo; Growth theory moves to the periphery, 1870-1939; The setting; Alfred Marshall (1842-1924); Population and the working force; Investment and technology, Part One: The emergence of national income accounting; Investment and technology, Part Two: Growth theory; J. S. Mill and Karl Marx; Part Three: Growth analysis post-1945: A three ring circus: Introduction; Formal models of economic growth: Rise and subsidence; Statistical analyses of the structure of growth: from morphology to policy - almost; Development economics; Business cycles and growth: from Juglar to Keynes; Business cycles and growth: Keynes and after; Relative prices; Stages of and limits to growth; Part Four: Problems and prospects; Two concluding questions; What don't we know about economic growth; Where are we? An agenda in mid-passage; Appendix: Models of economic growth; Rostow's theory of economic growth; The A. Smith model revisited; A rich country-poor country model

Additional information

NPB9780195080438
9780195080438
0195080432
Theorists of Economic Growth from David Hume to the Present: With a Perspective on the Next Century by W. W. Rostow (Professor of Economics, Lyndon B. Johnson School, Professor of Economics, Lyndon B. Johnson School, University of Texas, Texas)
New
Paperback
Oxford University Press Inc
1993-03-18
732
N/A
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