Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10012626790
From its flow tide, fueled by the Cold War, to its ebbing with the anti-growth movement and the economic crises of the early 1970s, the "growthmen" of MIT stood at the center of the dominant field in macroeconomics. The history of MIT growth economics is traced from Solow's seminal neoclassical...
Persistent link: https://www.econbiz.de/10011592202
The origins of "capital fundamentalism' – the notion that physical capital accumulation is the primary determinant of economic growth – have been often ascribed to H arrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the outpu t - capital ratio....
Persistent link: https://www.econbiz.de/10011592246
Paul Samuelson's famous 1948 "factor price equalization theorem" was his main contribution to international trade theory. He demonstrated conditions under which trade in goods only would lead to full equalization of the remuneration of productive factors across countries. In practice, general...
Persistent link: https://www.econbiz.de/10012030106
The paper shows how William Barber's background as a development economist influenced his research agenda in the history of economic thought, in terms of the questions he asked and the way he approached them. The links between the history of economic theory and of policy-making are highlighted,...
Persistent link: https://www.econbiz.de/10011951714
In the late 1970s Paul Samuelson drafted the outline of a paper, never published, with a critical assessment of the theoretical innovations of postwar development economics. He found the subject essentially intractable. The present paper discusses how that assessment fits in Samuelson's...
Persistent link: https://www.econbiz.de/10012175059
The origins of "capital fundamentalism' - the notion that physical capital accumulation is the primary determinant of economic growth - have been often ascribed to H arrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the output-capital ratio. I t is...
Persistent link: https://www.econbiz.de/10011600579
Paul Samuelson's famous 1948 "factor price equalization theorem" was his main contribution to international trade theory. He demonstrated conditions under which trade in goods only would lead to full equalization of the remuneration of productive factors across countries. In practice, general...
Persistent link: https://www.econbiz.de/10012026541
The paper shows how William Barber’s background as a development economist influenced his research agenda in the history of economic thought, in terms of the questions he asked and the way he approached them. The links between the history of economic theory and of policy-making are...
Persistent link: https://www.econbiz.de/10011949676
In the late 1970s Paul Samuelson drafted the outline of a paper, never published, with a critical assessment of the theoretical innovations of postwar development economics. He found the subject essentially intractable. The present paper discusses how that assessment fits in Samuelson's...
Persistent link: https://www.econbiz.de/10012170942