Studies in the History of Economics

Besomi, D.

This book inquires into the origin and early development of Roy Harrod's notion of economic dynamics. It examines how Harrod gathered the analytical, methodological and epistemic components of his theory, and how these are logically connected. It shows that the organizing concept is the instability principle, a premise rather than a result of Harrod's trade cycle theory. The relationship of Harrod's dynamics with the 'orthodox theory' and with the alternative approaches to dynamics is also examined.

Details

Published by: Palgrave Macmillan

Publication Date: 1999-08-12

Format: Hardcover

ISBN-13: 9780333735893

DOI: 10.1057/9780230371828

Dimensions: 216cm x140cm

Pages: 289