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Palgrave Macmillan

The Making of Harrod's Dynamics

  • Book
  • © 1999

Overview

Authors:
  1. Daniele Besomi
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Part of the book series: Studies in the History of Economics (SHE)

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xii
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  2. Introduction: The Puzzling Case of Harrod’s Dynamics

    • Daniele Besomi
    Pages 1-14

  3. Imperfect Competition and the Possibility of Trade Cycle Theorizing

    • Daniele Besomi
    Pages 15-27

  4. Prices, Saving and Investment in an Advancing Community: Activities, 1932–4

    • Daniele Besomi
    Pages 28-56

  5. Towards The Trade Cycle

    • Daniele Besomi
    Pages 57-67

  6. Statics and Dynamics in The Trade Cycle

    • Daniele Besomi
    Pages 68-115

  7. Interlude: Harrod on Method

    • Daniele Besomi
    Pages 116-132

  8. From a Dynamics of Causes to a Dynamics of Effects: the ‘Essay in Dynamic Theory’

    • Daniele Besomi
    Pages 133-162

  9. Beyond the Traditional Economics

    • Daniele Besomi
    Pages 163-197

  10. Epilogue: the Story of a Failure

    • Daniele Besomi
    Pages 198-215

  11. Back Matter

    Pages 216-289
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Keywords

About this book

This book 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 theory, and how these are logically connected. It shows that the organizing concept is the instability principle, a premise rather than a result of Harrod's trade cycle theory. The relationship of Harrod's dynamics with the 'orthodox theory' and with the alternative approaches to dynamics is also examined.

Reviews

'Besomi's Harrodian saga is a useful tonic to the textbook veiw of the history of economic thought.' - Steve Keen, History of Economics Review

About the author

DANIELE BESOMI is an independent research scholar in the history of economic thought. He was awarded the Dorfman Prize in 1997, awarded annually by the American History of Economics Society for the best dissertation in the history of economics for his PhD at Loughborough University. The current book develops the themes of this doctoral research. Dr Besomi previously studied at the University of Cambridge and the University of Pavia. He has published a number of journal articles and book chapters in this field.

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