1994 | OriginalPaper | Chapter
British Classical Economists and Underdevelopment in India
Author : William J. Barber
Published in: From Classical Economics to Development Economics
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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At least since W. Arthur Lewis’s pathbreaking contribution — “Economic Development with Unlimited Supplies of Labour” (1954) — modern students of development economics have required no reminder that economists in the classical tradition were fundamentally concerned with problems of long-term economic growth. The “composite” classical model he then presented drew on their insights to illuminate the dynamics of expansion in the setting of economic dualism.1