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THE THEORY OF ECONOMIC DEVELOPMENT
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HIS book is the outcome of an invitation by the Warden and
Fellows of All Souls to deliver the Chichele Lectures for 1966.
The lectures as delivered were four in number. But since then I
have added three more in order to make the coverage more adequate.
My objective is very limited. I concentrate solely on the history
of the main propositions of the theory of development·as they
would apply to a closed economy: I make no attempt to deal with
international trade or finance in this connection. Moreover, even
within this area, there is a further limitation. As I explain at some
length in the opening lecture, the propositions which I discuss
relate to the broad problem of why development takes place: they
do not deal with the more detailed problem of the exact path that
it may follow. To use technical jargon, I am concerned with the
comparative statics, rather than the dynamics, of the subject.
The reasons for this limitation are twofold. First the lectures
were on a foundation traditionally dedicated to history; and
dynamic theories of growth are essentially a contemporary development
which to discuss in the requisite detail would have been
inappropriate in such a context. Secondly, while these developments
are of great intellectual interest, at their present stage they
offer very little. guidance for broad speculation concerning human
progress, still less for practical policy
LORD ROBBINS - Personal Name
1st Edition
333 02164 9
NONE
THE THEORY OF ECONOMIC DEVELOPMENT
Management
English
REDWOOD PRESS LIMITED
1968
Britian
1-197
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