The Less Developed Economy: A Critique of Contemporary Theory - Kaushik BasuOxford: Basil Blackwell, 1986, Paperback.
Condition: Very Good. Gently faded at the spine. Previous owners' name to the upper wrapper verso.
Contains: Charts; References;
From the cover: “In a rigorous and clear style, this textbook examines critically the present state of theoretical development economics. It also discusses and formalizes some of the more important traditional contributions, and so provides the necessary background for interpreting recent advances.
The author’s reliance on diagrams and arguments rather than on mathematics, and the book’s formal but wide coverage — from Nurkse, Kalecki and Lewis to Stiglitz and Mirrlees — makes it an ideal text for third-year undergraduate and graduate students. Kaushik Basu’s careful discussion of the literature which is, as yet, available only in academic journals, and his attempt to develop new concepts and to bring together work belonging to different schools of thought, will ensure that it achieves a wider readership among professional economists as well.”