Classicscript

A Study of Change in Economic Thought

By: David Hamilton

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Paperback | 30 January 1991 | Edition Number 1

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160 Pages

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22.86 x 15.24 x 0.94

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No problem has given rise to more disagreement among economists than that of economic & social change. Is it a mechanical, static concept concerned mainly with economic equilibrium, or an evolutionary dynamic, one concerned with growth, development, & expansion? Hamilton argues that how one answers this question is the fundamental point of difference between classical economics & evolutionary or institutional economics.

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