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Item Details
Title: CAPITALIST DEVELOPMENT IN THE TWENTIETH CENTURY
AN EVOLUTIONARY-KEYNESIAN ANALYSIS
By: John Cornwall, Wendy Cornwall
Format: Paperback

List price: £40.99
Our price: £35.87
Discount:
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ISBN 10: 0521349427
ISBN 13: 9780521349420
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 31 March, 2007
Series: Modern Cambridge Economics Series
Pages: 304
Description: This 2001 book considers the macroeconomic record of developed capitalist economies over the past 100 years.
Synopsis: Capitalism in the twentieth century was marked by periods of persistent bad performance alternating with episodes of good performance. A lot of economic research ignores this phenomenon; other work concentrates almost exclusively on developing technology as its cause. This 2001 book draws upon Schumpeterian, Institutional and Keynesian economics to investigate how far these swings in performance can be explained as integral to capitalist development. The authors consider the macroeconomic record of the developed capitalist economies over the past 100 years (including rates of growth, inflation and unemployment) as well as the interaction of economic variables with the changing structural features of the economy in the course of industrialization and transformation. This approach allows for changes both in the economic structure and in the economic variables to be generated within the system. This study will be essential reading for macroeconomists and economic historians.
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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