Free shipping on all orders over $79* Limited Time Only
Track My Order
Help Centre
Likes
My Wish ListsLogin / Join
Booktopia
Australia's local bookstore
Get Free Shipping on orders over $79
Main Currents in Cumulative Causation : The Dynamics of Growth and Development - Phillip Toner

Main Currents in Cumulative Causation

The Dynamics of Growth and Development

By: Phillip Toner

Hardcover | 24 February 1999 | Edition Number 1

At a Glance

Hardcover

$169.00

or 4 interest-free payments of $42.25 with

 or 

Ships in 7 to 10 business days

This book is the first comprehensive study of the theory of circular and cumulative causation. This theory is concerned with the general dynamics of growth and development in advanced industrial economies and developing nations. A detailed analysis of the theory's core concepts, including increasing returns, external economies, complementarity in production and consumption and technological change, is provided. The book traces the origins of the theory through Adam Smith and Alfred Marshall. A chapter-length presentation is provided on each of the key contributors to the concept's theoretical and applied development. These include Professor Allyn Young, who provided the first complete formulation of the theory, and the development economists Paul Rosenstein-Rodan, Albert Hirschman and Gunnar Myrdal. Over a quarter of the book assesses the post-1966 work of Nicolas Kaldor, whose 'growth laws' and other work made one of the greatest contributions to the theory. A major theme of the book is that the key contributors to this theory constitute a distinct and coherent school of economic thought, whose analytical foundation is the theory of cumulative causation. The book concludes with a critical assessment of endogenous growth theory and certain studies of development in North Asia.
Industry Reviews

'This is an exciting and insightful work and is much needed. It greatly expands our knowledge of theories of circular and cumulative causation and will serve to stimulate much new research in this important but hitherto neglected field.' - Professor Robert Dixon, Reader in Economics, University of Melbourne

'The concept of Circular and Cumulative Causation is frequently referred to in the literature, yet it has never been thoroughly analysed. This important book bridges the gap and develops an original interpretation...Phillip Toner performs an excellent task in systematising the contributions of Young, Myrdal, Hirschman, and Kaldor. The concept emerges as consisting of a complex and rich web of ideas whose strength lies in viewing technical phenomena as inseparable from historical and institutional processes.' - Joseph Halevi, Universite Pierre Mendes, Grenoble, France and University of Sydney, Australia

'...a well-crafted work in the history of economic thought...' - Pasquale Commendatore, Review of Political Economy

You Can Find This Book In

Non-FictionEconomicsEconomic Theory & PhilosophyPhilosophyMetaphysics & OntologyDevelopment Economics & Emerging EconomiesBusiness & Management

More in Economic Theory & Philosophy

Psycho-Cybernetics (Updated and Expanded) : Psycho-cybernetics - Maxwell Maltz

Psycho-Cybernetics (Updated and Expanded)

Psycho-cybernetics

Paperback

RRP $26.99

$22.99

15%
OFF
The Infinite Alphabet : And the Laws of Knowledge - César A. Hidalgo

The Infinite Alphabet

And the Laws of Knowledge

Hardcover

RRP $59.99

$45.75

24%
OFF
Capital in the Twenty-First Century - Thomas Piketty

Capital in the Twenty-First Century

Paperback

RRP $43.95

$34.75

21%
OFF
Debt : The First 5000 Years - David Graeber

Debt

The First 5000 Years

Paperback

RRP $44.99

$35.75

21%
OFF
Capital : Volumes One and Two - KARL MARX

Capital

Volumes One and Two

Paperback

RRP $19.99

$15.75

21%
OFF
The Road to Serfdom : Routledge Classics - F.A. Hayek

The Road to Serfdom

Routledge Classics

Paperback

RRP $29.99

$26.75

11%
OFF
Another Now : Dispatches from an Alternative Present - Yanis Varoufakis

Another Now

Dispatches from an Alternative Present

Paperback

RRP $26.99

$22.99

15%
OFF
The Wealth of Nations : Books I - III - Adam Smith

The Wealth of Nations

Books I - III

Paperback

RRP $26.99

$22.99

15%
OFF
The World According to Star Wars - Cass R. Sunstein

The World According to Star Wars

Paperback

RRP $27.49

$26.75

Capital : Volume I - Karl Marx

Capital

Volume I

Paperback

RRP $39.99

$31.75

21%
OFF
Discrimination and Disparities - Thomas Sowell

Discrimination and Disparities

Hardcover

RRP $55.00

$42.75

22%
OFF
Basic Economics - Thomas Sowell

Basic Economics

Hardcover

RRP $75.00

$55.75

26%
OFF
Capital and Ideology - Thomas Piketty

Capital and Ideology

Hardcover

RRP $70.95

$52.99

25%
OFF

This product is categorised by