234 Pages
by
Routledge
236 Pages
by
Routledge
233 Pages
by
Routledge
Also available as eBook on:
A controversy among economists has raged in the pages of professional journals for the last decade. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate recent developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic... Read more
List of Illustrations, Preface, 1. Introduction, 2. Classical and Neoclassical Approaches, 3. An Eclectic Approach to Neoclassical Growth, 4. Marginal Productivity, Money and Growth, 5. Rate of Profit and Return on Investment, 6. The Unseemly Paradox, 7. The Forerunners, 8. Methodology and Dynamic Growth, 9. Growth and Technical Progress, 10. When Workers Save, 11. The Rate of Profit, Distribution and Accumulation, 12. The Generality of the Assumptions, Appendices, Index
Biography
J.A. Kregel
