Foley, Duncan K.,

Growth and distribution /Duncan K. Foley, Thomas R. Michl, Daniele Tavani - Second edition.ition - Cambridge, Massachusetts : Harvard University Press, (c)2019. - 1 online resource (xx, 394 pages) : illustrations

Includes bibliographies and index.

Introduction -- Measuring growth and distribution -- Models of production -- The labor market -- Models of consumption and saving -- Classical models of economic growth -- Induced technical change, growth, and cycles -- Biased technical change in the classical model -- Endogenous technical change -- The neoclassical growth model -- Technical change in the neoclassical model -- Demand-constrained economic growth -- Land-limited growth -- Exhaustible resources -- Corporate capitalism -- Government debt and social security : the overlapping generations model -- Two-class models of wealth accumulation -- Global warming.

This comprehensive book on the theory, measurement, and history of economic growth presents Classical and Keynesian in parallel with Neoclassical approaches, and the new variant, neoliberal capitalism. It covers growth theory, tools of intertemporal economic analysis, money and growth, technological change, the 2008 financial crisis, the rise of inequality, along with technological change, land and resource limitations, and climate change. Authors Foley, Michl, and Tavani offer a major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation.



9780674239395


Economic development.
Income distribution.


Electronic Books.

HD75 / .G769 2019