Overview

This is an account of the theories of growth and distribution of Francois Quesnay, Adam Smith, Robert Malthus, David Ricardo and Karl Marx. This edition has a new introduction setting the work in a broader context. The author shows how each developed the work of his predecessors to produce a coherent and distinctive classical theory of growth.

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9780333803004

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'Walter Eltis has succeeded brilliantly in capturing the essence of the classical theory of economic growth and income distribution' - Samuel Hollander, Economic Journal

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WALTER ELTIS is Emeritus Fellow of Exeter College and was a Lecturer in Economics in the University of Oxford from 1963 until 1986. He is currently Visiting Professor at the University of Reading. In 1986 he became Economic Director and in 1988 Director-General of the National Economic Development Office. He was Chief Economic Adviser to Michael Heseltine in the Department of Trade and Industry from 1992 until 1995.

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