Mainstream Growth Economists and Capital Theorists: A Survey 9780773592100

A necessary assessment of modern growth theories within a historical context.

152 60 6MB

English Pages [569] Year 2014

Mainstream Growth Economists and Capital Theorists: A Survey
9780773592100

Author / Uploaded
Marin Muzhani

Table of contents :
Cover
Half-title
Title
Copyright
Contents
Figures and Tables
Introduction
PART ONE: ORIGINS OF MODERN GROWTH THEORY
1 Growth, Technological Progress, and Unemployment in the Thought of the Classical Economists
2 The Beginning of the Modern Theory of Growth: The Neo-Keynesians
3 Theory of Distribution and Growth: The Old Keynesians
PART TWO: THE RISE AND DECLINE OF THE NEOCLASSICAL THEORY OF GROWTH
4 Neoclassical Theory of Growth: Factor Substitution, Optimal Growth, and Money Growth
5 Technological Progress and Growth in Neoclassical Perception
6 Some Accounts of Capital Controversy and Growth
7 Theories of Growth and Convergence between Poor and Rich Countries: The Early Development Theories
Intermezzo: Overall Conclusions about the Evolution of Growth Theories in the First Four Decades of the Postwar Period
PART THREE: ENDOGENOUS GROWTH THEORY
8 Toward the New Theory of Growth: Endogenous Growth and Technological Transformation
9 Endogenous Growth: Innovation and New Consumer Goods
10 Endogenous Growth and the New Schumpeterian Approach of “Creative Destruction”
Overall Conclusions about the Survey on Growth Economists and Capital Theorists
Notes
Bibliography
Index

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