This book allows full appreciation of the work of Allyn Young, a central figure in the development of American economic thought. It reprints his most significan
Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which a
This book answers some challenging questions in monetary growth theory within a compact theoretical framework. The author succeeds in integrating the theory of
This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regi