Description
Roy Harrod brings his thoughts to bear on dynamic economics, a subject, he argues, that has been neglected for much of the 20th century due to the attention focused on perfecting the principles of economic statics. His work is concerned with macro-dynamics (capital output ratio and so on).
Contents:
- The Need for a Dynamic Economics
- Fundamental Equations
- Instability Principle
- Capital Output Ratio
- Interest
- Inflation
- Problems and Conflicts
- Foreign Trade
- International Capital Movements
- General Survey
