a landmark in the contemporary approach to economics’The Observer
‘it is as good a book as its most obvious predecessors in the genre: Smith»s Wealth of Nations and Marshall»s Industry and the Trade’Times Educational Supplement
Setting out the problems to be solved if mankind is to be freed from poverty, Theory of Economic Growth embraces the disciplines of economics, history, sociology, politics and anthropology in its coverage. Focussing on output and growth (rather than distribution and consumption) the book discusses economic institutions, knowledge, capital, population, resources and government, and their role in the growth of output per head of population.