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This work investigates the mathematical formalization of classical growth models, specifically focusing on the continuity between David Ricardo’s original economic dynamics and modern growth theory. Badal Mukherji, an economist with expertise in formal modeling, examines how the Ricardian framework—centered on land scarcity, capital accumulation, and the falling rate of profit—can be translated into rigorous mathematical structures. The text evaluates the logical consistency of these classical assumptions when applied to contemporary economic growth problems. By bridging historical economic thought with modern analytical techniques, the author provides a framework for understanding the long-term constraints on economic expansion.
What You Will Find
Economists and historians of economic thought frequently cite this work for its technical rigor in translating classical concepts into modern mathematical language. Readers often note the high level of mathematical density, making it a specialized resource for advanced students and researchers in economic theory.
Page Count:
146
Publication Date:
1985-04-25
Publisher:
Oxford University Press
ISBN-10:
0195614909
ISBN-13:
9780195614909
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