Golden Rules of Economic Growth: Studies of Efficient and Optimal Investment - Edmund S. Phelps - Libros - WW Norton & Co - 9780393330564 - 6 de junio de 1966
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Golden Rules of Economic Growth: Studies of Efficient and Optimal Investment

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This volume of twelve interlocked essays in mathematical economics deals with a central problem of modern economic theory: the search for a path to an optimum level of economic growth. The meaning of the Golden Rule concept is thoroughly expounded, and certain analogues are presented to show that the fundamental notion of a "commanding" growth path is encountered even in models in which no pure and simple Golden Rule path exists. The Golden Rule concept is tested and applied to a number of theoretical formulations and then extended to several kinds of investment other than capital formation, as the author postulates a Golden Rule of Research, a Golden Rule of Education, and even a concept dealing with population control-a Golden Rule of Procreation. This thorough and original work is important reading for students of macroeconomic theory, growth, development, and capital theory.


208 pages

Medios de comunicación Libros     Paperback Book   (Libro con tapa blanda y lomo encolado)
Publicado 6 de junio de 1966
ISBN13 9780393330564
Editores WW Norton & Co
Páginas 208
Dimensiones 14 × 140 × 216 mm   ·   280 g
Lengua Inglés  

Mas por Edmund S. Phelps

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