17. Early Growth Theory: The Harrod-Domar Models

Chapters in this book

1. Frontmatter I
2. Contents V
3. Preface XI
4. I. From Marshall to Modernity
5. Introduction 3
6. 1. Neoclassicism and Dissent, 1890–1925 7
7. 2. New Tracks for Economic Theory, 1926–1939 23
8. II. Keynesianism
9. Introduction 41
10. 3. Hicksian Keynesianism: Dominance and Decline 45
11. 4. Keynesian Econometric Concepts: Consumption Functions, Investment Functions, and “The” Multiplier 67
12. 5. Keynes’ Disequilibrium Theory of Employment 93
13. III. Equilibrium Systems
14. Introduction 105
15. 6. General Equilibrium Theory 107
16. 7. Optimization and Game Theory 125
17. 8. Input-Output and Linear Programming 137
18. 9. The Sraffian Revolution 163
19. IV. Microeconomics
20. Introduction 181
21. 10. Firms and Markets 185
22. 11. Financial Theory of the Firm 203
23. 12. Demand Theory, Consumers’ Surplus, and Sovereignty 217
24. V. Money
25. Introduction 249
26. 13. Monetarism 253
27. 14. Post-Keynes Monetary Theory and Inflation 275
28. 15. An “Economics of Keynes” Perspective on Money 295
29. 16. Money Wage Inflation: The Endogeneity-Exogeneity Issue 309
30. VI. Growth
31. Introduction 329
32. 17. Early Growth Theory: The Harrod-Domar Models 333
33. 18. Neoclassical Growth Models 347
34. 19. Post-Keynesian Growth Theory 369
35. VII. Distribution Theory
36. Introduction 391
37. 20. Ten Issues in Distribution Theory 395
38. 21. Some Post-Keynesian Distribution Theory 421
39. VIII. Special Topics
40. Introduction 441
41. 22. Welfare Economics: Or, When is a Change an Improvement ? 447
42. 23. Ideology in Economics 467
43. 24. Population: The Economics of the Long Run 485
44. 25. Technology: More for Less? 501
45. 26. International Economics 517
46. 27. Development Economics 537
47. 28. Radical Economics 559
48. Index 575