CLASSICAL ECONOMICS, PUBLIC EXPENDITURE AND GROWTH

Inbunden, Engelska, 1993

Del i serien Economists of the Twentieth Century series

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Beskrivning

Walter Eltis's work has played a major role in the rediscovery of the policy relevance of classical economics. His articles on Smith, Quesnay, Ricardo and Malthus, where he derives their underlying economic argument from a detailed examination of their principal publications, led to the Bacon and Eltis theory which challenged Keynesian orthodoxy. It showed how growing public expenditure and increasing public debt reduce economic growth and destabilize modern economies. This volume includes a carefully chosen selection of his key articles and papers, as well as an extensive introductory essay which provides an account of the evolution of his ideas and their impact on economic policy.

Produktinformation

Utgivningsdatum:1993-01-01
Mått:156 x 234 x undefined mm
Format:Inbunden
Språk:Engelska
Serie:Economists of the Twentieth Century series
Förlag:Edward Elgar Publishing Ltd
ISBN:9781852787417

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap

Mer om författaren

The late Walter Eltis, formerly Emeritus Fellow, Exeter College, Oxford University, UK

Recensioner i media

'Economists who believe with Sir John Hicks that we cannot escape from our past, that the past crowds in on us, will welcome and applaud this brilliant collection of essays. And I can think of no better means of demonstrating to students the immediate relevance to growth and development policy of the great debates of the eighteenth and nineteenth centuries than placing this collection in their hands.'

Innehållsförteckning

Introduction - how my economics evolved; growth theory; classical economics; practical macroeconomics - how growing public expenditure destabilizes; practical macroeconomics - how borrowing and inflation destabilize; practical macroeconomics - the achievement of sound growth.