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The making of Harrod's dynamics

Author: Daniele Besomi
Publisher: New York : St. Martin's Press, 1999.
Series: Studies in the history of economics.
Edition/Format:   Print book : Biography : EnglishView all editions and formats
Database:WorldCat
Summary:

This volume inquires into the origin and early development of Roy Harrod's notion of economic dynamics. It examines how Harrod gathered the analytical, methodological and epistemic components of his  Read more...

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Named Person: Roy Harrod; Roy Harrod; Roy Harrod; Roy Forbes Harrod, Sir)
Material Type: Biography, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Daniele Besomi
ISBN: 0312219083 9780312219086 0333735897 9780333735893
OCLC Number: 39951687
Notes: Based on the author's Ph. D. thesis, Loughborough University, 1996.
Description: xii, 289 pages ; 23 cm.
Contents: Introduction: the Puzzling Case of Harrod's Dynamics --
The premises and early development of Harrod's dynamics --
Harrod's dynamics in the making --
A guided tour through a decade of debates --
Imperfect Competition and the Possibility of Trade Cycle Theorizing --
Towards a general theory of value --
Increasing returns, instability, and the possibility of a dynamic theory --
Imperfect competition and economic dynamics --
Prices, Saving and Investment in an Advancing Community: Activities, 1932-4 --
A monetary interpretation of the trade cycle --
The advancing community --
Continuity and instantaneous analysis --
Saving and investment --
The simultaneous identity between saving and investment --
Harrod's trade cycle analysis before the General Theory --
Towards The Trade Cycle --
The accelerator --
Saving, investment and the General Theory --
The review of Durbin's Problem of Credit Policy --
Prices and finance --
Assembling the mechanism --
Statics and Dynamics in The Trade Cycle --
The Trade Cycle --
Static and dynamic forces, and equilibrium --
Statics versus dynamics --
The link between static and dynamic laws --
Money and prices --
Velocity of circulation as a link between statics and dynamics --
A methodological break --
Towards the 'Essay': the return of saving and investment --
Interlude: Harrod on Method --
Axioms and basic empirical laws --
Instantaneous and sequential analysis: Harrod and the econometricians --
From a Dynamics of Causes to a Dynamics of Effects: the 'Essay in Dynamic Theory' --
Basics of the model.
Series Title: Studies in the history of economics.
Responsibility: Daniele Besomi.
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'Besomi's Harrodian saga is a useful tonic to the textbook veiw of the history of economic thought.' - Steve Keen, History of Economics Review

 
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