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Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.
`This careful and long-overdue biography fills us in on the life and work of an American economist who was important during the first three decades of the century. The book is especially timely because Young's seminal article (1928) on increasing returns is now widely acknowledged to foreshadow much of the modern analysis of edogenous growth and related inquiry.' - James M. Buchanan, George Mason University Allyn Young was one of the most prominent and influential economists in the interwar period. His influence came largely through the work of his students: Frank Knight, Holbrook Working, Edward Chamberlin, Seymour Harris and others. He held professorships at Stanford, Cornell, and Harvard Universities among others. His public service included chief economic advisor to the American delegation at the Paris Peace Conference in 1919. This book provides the first full study of Allyn Young's life and work. It presents detailed expositions of his papers on demographics, value theory, depreciation, taxation, index number theory, and increasing returns. It is a straightforward analysis of the life and work of one of the most fascinating economists of this century.
This landmark book describes and analyzes the original contributions Sir Roy Harrod made to fields including microeconomics, macroeconomics, international trade and finance, growth theory, trade cycle analysis and economic methodology. Harrod’s prolific writings reflect an astounding and unique intellectual capacity, and a wide range of interests. He became Keynes ́ biographer and wrote a volume on inductive logic. At the policy level, Harrod played a central role in the formulation of the Keynes ́ Clearing Union plan for international monetary reform. He also actively participated in British politics and government and gained recognition as an expert in the field of international economics. Yet, until now, Harrod has remained an underrated economist, commonly misunderstood and misrepresented. This is the first major intellectual biography of Harrod to be published.
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It is 1931 and the world is still reeling from the aftermath of the Wall Street Crash. Polly Morland has returned to Morland Place, saving it from financial ruin. Her plans to change things are met with resistance, however, and she must prove her mettle in a man's world. Jack, war hero and family man, knows that he must make a change for the sake of those he holds dear so when an opportunity arises that would take him back to York, he seizes it with both hands. In London, Robert is bored with his office job and seeks something grander. Fatherless and dealing with the repercussions of his family's bankruptcy, he must make his own way now that he has been left to the mercy of the world. His sister Charlotte, also frustrated with her life and sure that she will never receive an offer of marriage, longs for something different as well. As the years roll by, the threat of another war hangs in the air and when King Edward VIII takes to the throne, things seem to be on the brink of change once more. But like a phoenix rising up from the ashes, the Morlands prove yet again that they will emerge from whatever they must face stronger than ever before.
Deception by Design provides a comprehensive study of Mormonism; exposes the surprising source of Joseph Smiths conversion story; reveals the immense influence of others on Smiths beliefs; equips evangelical Christians with principals for witnessing to Mormons. Allen Harrod has written a wonderfully helpful and insightful book on Mormonism. It is both original in its research, as well as in its offering helpful conclusions and applications regarding the nature and history of the Church of Jesus Christ of Latter-day Saints. Dr. R. Philip Roberts, president, Midwestern Baptist Theological Seminary Deception by Design represents the best book I have seen in terms of explicating the beliefs and theology of Mormonism and at the same time providing superb approaches to presenting the claims of Christ to Mormons. Dr. Paige Patterson, Southwestern Baptist Theological Seminary
This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The first part of this work is formal-methodological and provides the mathematical background needed for the remainder, while the second part presents the view that signal processing involves construction and deconstruction of information and that the efficacy of this process can be measured. The third part focuses on economics and provides the related background and literature on economic dynamics and the fourth part is devo...
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This book marks the beginning of the modern theory of growth, originally published in 1948, it develops the Harrod-Domar model, and launches the entire post-war research program on economic growth. This new edition features a new introduction by Nobel Laureate, Robert Solow, which celebrates the significance of Harrod's work.