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Mainstream Growth Economists and Capital Theorists: A Survey free ebook download

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Author(s):	Marin Muzhani

Date:	2024	Format:	epub	Language:	English	ISBN/ASIN:	0773543651
Pages:	568	OCR:		Quality:		ISBN13:
Uploader:	alex21s	Upload Date:	2/15/2024 6:18:00 AM

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0773543651 epub
Mainstream Growth Economists and Capital Theorists provides a historical survey and ideal introduction to modern economics, arguing that due to significant changes in recent years, a re-evaluation is in order. Marin Muzhani presents an informed study of the debates regarding economic growth and development that began in the 1930s in response to the Great Depression. He argues that in the wake of that crisis, the challenge for economists was to understand how to generate stable economic growth in order to prevent future crises. The theories of John Maynard Keynes, in particular, sought to explain the reasons for unemployment and recessions, paving the way for the field of macroeconomics and challenging the basic premises of neoclassical economics. In the late 1930s and 1940s, economists began to extend Keynes' ideas, synthesizing them with neoclassical ideas in order to explain economic growth. This "neoclassical synthesis" would dominate mainstream macroeconomic thought for the next forty years until the mid-1980s with the introduction of endogenous growth theories. Taking into account the historical background, the multitude of interpretations of modern growth models, and the geography of mainstream economists, Mainstream Growth Economists and Capital Theorists will simplify the structure of growth theory for the next generation of economists.
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Tags: Capital Economists Growth Mainstream Survey Theorists

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Mainstream Growth Economists and Capital Theorists: A Survey free ebook download

Category: Management

Description: Click to see full description

Category:
Management