Failing to Win Consent: Harrod’s Dynamics in the Eyes of His Readers

Daniele Besomi

Chapter 2 in Economic Dynamics, Trade and Growth, 1998, pp 38-88 from Palgrave Macmillan

Abstract: Abstract Even a cursory reading of Harrod’s pieces on dynamics and his readers’ early comments reveals that they were at cross purposes, the former urging the need for a new approach to dynamics and the latter interpreting Harrod’s theory as a model of steady growth. A study of the literature on Harrod’s dynamics is needed to uncover any recognisable trends in interpretation and explain their origins. I am particularly interested in Harrod’s notion of dynamics and his insistence on the difference between his own approach and the ‘time-lag theories of the cycle’, and I will therefore concentrate on those criticisms (or the lack of them) that elucidate how the peculiarities of Harrod’s method and conception were (or were not) perceived and integrated by the profession. I am less interested in the analytical aspects of the mechanisms Harrod proposed to explain cycles and growth, and thus the details of debates on the conditions for stability, the classification of technical progress, and the several models aiming at representing Harrod’s ideas are excluded from this survey. (This literature has been covered by other authors, and references will be given where appropriate).

Keywords: Trade Cycle; American Economic Review; Economic Journal; Growth Theory; Economic Dynamics (search for similar items in EconPapers)
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (5)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26931-0_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349269310

DOI: 10.1007/978-1-349-26931-0_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().