Oxford University Press Methods of Dynamic Economics

Product Description Capital and Growth was published in 1965, and rapidly established itself as a landmark in economic theory. In this volume, Sir John takes his earlier work and examines it critically for its present-day value. The result is a substantially reworked book based on the first and best part of his 1965 publication. The theme, now more clearly identified, is a comparative study of the economics of change, and brings in many of Hick's subsequent developments and refinements - in particular a 'neo-Austrian' theory of ca pital which he developed in Capital and Time (1973). A new chapter on Keynes's methods has been added. The sum is a more complete classification of the family of models appropriate for analysing dynamic economics. Review The best introduction to Hicks' later works. It not only teaches, it also inspires.-- Journal of Economic Literature