Mainstream Growth Economists and Capital Theorists provides a historical survey and ideal introduction to modern economics, arguing that due to significant changes in recent years, a re-evaluation is in order. Marin Muzhani presents an informed study of the debates regarding economic growth and development that began in the 1930s in response to the Great Depression. He argues that in the wake of that crisis, the challenge for economists was to understand how to generate stable economic growth in order to prevent future crises. The theories of John Maynard Keynes, in particular, sought to explain the reasons for unemployment and recessions, paving the way for the field of macroeconomics and challenging the basic premises of neoclassical economics. In the late 1930s and 1940s, economists began to extend Keynes' ideas, synthesizing them with neoclassical ideas in order to explain economic growth. This "neoclassical synthesis" would dominate mainstream macroeconomic thought for the next forty years until the mid-1980s with the introduction of endogenous growth theories. Taking into account the historical background, the multitude of interpretations of modern growth models, and the geography of mainstream economists, Mainstream Growth Economists and Capital Theorists will simplify the structure of growth theory for the next generation of economists.
Long before "Monty Python and the Holy Grail," Hollywood's version of the Middle Ages had sometimes been laughable. Who can resist chuckling at "The Black Knight" (1954), in which Arthurian warriors ride across a plain complete with telephone poles in the background? Or "The Black Shield of Falworth" (1954), in which Tony Curtis-in his best medieval Bronx accent-utters the immortal line, "Yonda is the castle of my fodda"? These films may not be paragons of historical accuracy, but much of what we know-or think we know-about the Middle Ages has been dictated by what we've seen on the movie screen.
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