British Classical Economists and Underdevelopment in India

William Barber

Chapter 4 in From Classical Economics to Development Economics, 1994, pp 51-67 from Palgrave Macmillan

Abstract: Abstract At least since W. Arthur Lewis’s pathbreaking contribution — “Economic Development with Unlimited Supplies of Labour” (1954) — modern students of development economics have required no reminder that economists in the classical tradition were fundamentally concerned with problems of long-term economic growth. The “composite” classical model he then presented drew on their insights to illuminate the dynamics of expansion in the setting of economic dualism.1

Keywords: Classical Economist; East India Company; Unlimited Supply; Revenue System; Differential Rent (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1007/978-1-349-23342-7_4

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