The theory of economic growth (Macmillan studies in economics)

The rapid growth of academic literature in the field of economics has posed serious problems for both students and teachers of the subject. The latter find it difficult to keep pace with more than a few areas of the subject so that an inevitable trend towards specialism emerges. The student quickly loses perspective as the maze of theories and models grows, particularly at a time when so much reappraisal of the established paradigms is taking place. The aim of the 'Macmillan Studies in Economics' is to offer students, and perhaps some teachers as well, short, reasonably critical overviews of developments in selected areas of economics, particularly those in which current controversies are to be found. As far as possible the titles have been selected to form an integrated whole, although inevitably entire areas have been neglected as being unsuited to the style, format and length of the titles in the senes, In some cases the volumes are rather more like essays than surveys. In most cases, however, the aim is to survey the salient literature in a critical fashion. The level of understandi.ng required to read the volumes varies with the complexity of the subject, but they have been generally written to suit the second-and third-year undergraduate seeking to place his reading of the detailed literature in an over-all context. They are not textbooks. Instead they seek to give the kind of perspective that might well be lost by reading longer textbooks on their own, or by reading articles in journals. In particular, they should be most suited to pre-examination revision periods. They are not intended . to substitute for the essential reading and assimilation of the original works that they seek to survey and assess. Front Matter....Pages 1-7 Growth Theory in Perspective....Pages 9-27 From Keynes and Kalecki to Harrod....Pages 28-44 Post-Keynesian Growth and Distribution....Pages 45-63 Neo-Neoclassical Value and Growth....Pages 64-85 Growth Theory in Retrospect and Prospect....Pages 86-90 Back Matter....Pages 91-96