Description - The Path of Economic Growth by Adolph Lowe
The writings on the theory of economic growth share almost without exception two characteristics – they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli – changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.
Buy The Path of Economic Growth by Adolph Lowe from Australia's Online Independent Bookstore, BooksDirect.
A Preview for this title is currently not available.
Print on Demand, Firm Sale, 4-6 weeks for delivery.
On Economic Knowledge: Toward a Science of Political Economics
