There is a controversy among economists that has raged in the pages of professional journals. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries.
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Dr. J.A. Kregel is professor of economics at the University degli Studi di Bologna as well as an adjunct professor in economics at John Hopkins University Paul Nitze School of Advanced International Studies
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