Description
Managing Growth in Miniature offers a fascinating historical perspective on Robert Solow’s growth model, one of the cornerstone theories of modern economics. Rather than treating the model as a fixed theoretical achievement, Verena Halsmayer examines it as an artifact that evolved through various contexts, interpretations, and applications.
The book traces how Solow’s model became embedded in economic practice, policy discussions, and academic debates across different periods and regions. By adopting a historical approach, Halsmayer reveals how economic theory is not simply discovered but actively constructed through the work of economists, policymakers, and institutions. This perspective challenges traditional narratives of economic knowledge and demonstrates the contingency of theoretical developments.
Ideal for historians of economics, economists interested in methodology, and anyone seeking to understand how foundational economic theories take shape, this work contributes significantly to the growing field of history of economics.
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