International Trade and Economic Growth in Open Economies: The Classical Dynamics of Hume, Smith, Ricardo and MalthusEdward Elgar, 2002 - 186 стор. In this enlightening book, John Berdell addresses the widely-held belief that classical economics distanced itself from policy issues and public debates regarding the effects of international trade on economic growth in advanced economies. He argues, through a detailed consideration of the evolution and structure of Hume's, Smith's, Ricardo's and Malthus' analyses, that it is not only contemporary international economic theory which takes account of these issues. Berdell uses a series of non-linear dynamic models to illustrate and analyse important aspects of each author's discussion of the interactions between trade and growth. The findings are then extended to create a comparison of the classical models with recent empirical research in this area. Berdell suggests that John Stuart Mill's plan to synthesise and extend Hume's, Smith's and Ricardo's analysis of commercial society was rendered intractable by the limitations of Hume's associationalist psychology. This work will be of great interest to both historians of economic ideas and economists concerned with modelling the interactions between growth and international trade. |
Зміст
Cosmopolitan and International | 1 |
Hume and the Case for Freer Trade | 15 |
Adam Smith and the Ambiguity of Nations | 30 |
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International Trade and Economic Growth in Open Economies: The Classical ... John Berdell Обмежений попередній перегляд - 2002 |
International Trade and Economic Growth in Open Economies: The Classical ... John Berdell Перегляд фрагмента - 2002 |
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Adam Smith analysis argued argument balance of payments balance of trade behavior Britain British capita income capital accumulation chapter classical economics commercial considerable constitute contrast convergence Corn Laws David Hume determined diffusion discussion division of labor dynamics economic growth economists edition effective demand emphasis equilibrium Essays ethology exports formulation freer trade gains from trade History of Economic human Hume Hume's treatment Humean hysteresis important increase innovation interactions international trade investment J.S. Mill landlords Malthus and Ricardo Malthus's Malthusian system manufactures mathematical Mill's monetarist money supply moral movement natural wage Political Economy poor countries potential present price level profit rate rational reconstruction real wage rent retrospective history returns to scale Ricardian system rich countries rise Scottish Smith's Smithian social society standard of living standard of wretchedness suggests technical change thought tion trade and growth Waterman Winch
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Achieving Economic Development in the Era of Globalization Shalendra D. Sharma Попередній перегляд недоступний - 2008 |