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Verena Halsmayer - Managing Growth in Miniature, Inbunden

Inbunden, Engelska, 2024

Managing Growth in Miniature

Solow's Model as an Artifact

Av Verena Halsmayer

Del i serien Historical Perspectives on Modern Economics

1644 kr

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Beskrivning
Managing Growth in Miniature explores the history of the way economists think about growth. It focuses on the period between the 1930s and 1960s, tracing the development of the famed 'Solow growth model,' one of the central mathematical models in postwar economics. It argues that models are not simply 'efficient tools' providing answers to the problems of economic theory and governance. The Solow model's various uses and interpretations related not only to the ways it made things (in)visible, excluded questions, and suggested actions. Its 'success' and effects ultimately also pertained to its fundamental ambiguities. Attending to the concrete sides of economic abstractions, this book provides a richly layered and accessible account of the forms of knowledge that shaped the predominant notion of 'economic growth' and ideas of how to govern it.
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Verena Halsmayer is a senior research and teaching fellow (Oberassistentin) at the University of Lucerne's Chair for Science Studies. Her dissertation, on which this book is loosely based, received the Best Dissertation Award of the Faculty of Historical Cultural Studies at the University of Vienna.

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'Our world is shaped not only by economics, but also by economic models. What are the politics of models - and how did they shape the postwar hegemony of economic growth? To answer these questions, Managing Growth in Miniature presents an engaging, intriguing, and rigorously researched history of Solow's neoclassical growth model, showing the societal power behind the abstractions and practices of economic modeling.' Matthias Schmelzer, author of The Hegemony of Growth and co-author of The Future is Degrowth

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