Synopsis
In this volume, Nobel Laureate John R. Hicks expands and reassesses the first part of his landmark Capital and Growth, concentrating on the family of models that are appropriate for analyzing dynamic economies. A number of newly-written chapters explicate Hicks's view of the Austrian and Walrasian methods.
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About the Author
The late J.R. Hicks was formerly Drummond Professor of Political Economy, Oxford University.
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Methods of Dynamic Economics
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Oxford University Press, GB, 1987
ISBN 10: 0198772874
ISBN 13: 9780198772873
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Paperback. Condition: New. Capital and Growth was published in 1965, and rapidly established itself as a landmark in economic theory. In this volume, Sir John takes his earlier work and examines it critically for its present-day value. The result is a substantially reworked book based on the first and best part of his 1965 publication. The theme, now more clearly identified, is a comparative study of the economics of change, and brings in many of Hicks's subsequent developments and refinements - in particular a 'neo-Austrian' theory of capital which he developed in Capital and Time(1973). A new chapter on Keynes's methods has been added. The sum is a more complete classification of the family of models appropriate for analysing dynamic economics. Seller Inventory # LU-9780198772873
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