Growth and Income Distribution: Essays in Economic Theory

Pasinetti, Luigi L.

ISBN 10: 0521204747 / ISBN 13: 9780521204743

Published by Cambridge University Press, 1974

About this Item

Most items will be dispatched the same or the next working day. A copy that has been read but remains in clean condition. All of the pages are intact and the cover is intact and the spine may show signs of wear. The book may have minor markings which are not specifically mentioned.

Seller Inventory # rev1279380990

Bibliographic Details

• Title: Growth and Income Distribution: Essays in Economic Theory
• Publisher: Cambridge University Press
• Publication Date: 1974
• Language: English
• ISBN 10: 0521204747
• ISBN 13: 9780521204743
• Binding: Hardcover
• Condition: Good
• Weight: 317.5 grams

About this title

Synopsis

This 1974 collection of six essays in economic theory represents a major contribution to the field. The first contains the formulation of the Ricardian system, whilst the next two contain, respectively, the author's synthetic treatment of the complex problems of fluctuations and economic growth, and his well-known theorem that in the long run the rate of profit and income distribution are independent of the propensities to save of the working class. The essays that follow provide the missing links: a coherent picture of the macroeconomic theories that have originated in Cambridge and a discussion of their deep foundations in classical economic analysis. Finally, the author evaluates some economic controversies and draws his conclusions on the basic forces determining rate of profit in the process of economic growth. Although the arguments are highly theoretical, they require no knowledge of mathematics beyond elementary calculus and algebra.

Book Description

This 1974 collection of six essays in economic theory represents a major contribution to the field. The essays examine the formulation of the Ricardian system, macroeconomic theories originating from Cambridge and economic controversies. Although the arguments are highly theoretical, they require no knowledge of mathematics beyond elementary calculus and algebra.