Abstract
The history of economic thought since the time of Adam Smith (1723–90) shows a continuing if sporadic concern with the theory of economic growth. This interest should come as no surprise, because it is obvious that we live in a dynamic world. What is surprising, however, is that very little real progress has been made in the field of economic dynamics relative to that of economic statics over the past three centuries. Growth theorists are still unable to claim that they can explain the dynamics of human society.
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© 2000 Graeme Donald Snooks
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Snooks, G.D. (2000). Growth Theory. In: Longrun Dynamics. Palgrave Macmillan, London. https://doi.org/10.1057/9780230599390_3
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DOI: https://doi.org/10.1057/9780230599390_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-26379-0
Online ISBN: 978-0-230-59939-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)