The Dynamics Of A Capitalist Economy: A Multisectoral Approach

1st Edition

Richard M. Goodwin, Lionel F. Punzo

Routledge
Published September 9, 2019
Reference - 402 Pages
ISBN 9780367291372 - CAT# K430687

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Summary

In this book Professor Goodwin eschewing fine-scale minutiae or classical mechanics, has addressed the big picture. His work deals with the great issues of: the class struggle a Ia Karl Marx; predator prey dramas of the Lotka- Volterra type; von Neumann's magisterial model of autonomous growth; Harrodian and Sraffian developments of Keynesian systems in their input-output aspects (or accelerator-multiplier aspects). Professor Lionello Punzo of a postwar generation provides additional chapters of multi-sector dynamics, working from and going beyond the aggregate models of Harrod, Domar, and Solow.

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