Review 'This is an exciting and insightful work and is much needed. It greatly expands our knowledge of theories of circular and cumulative causation and will serve to stimulate much new research in this important but hitherto neglected field.' - Professor Robert Dixon, Reader in Economics, University of Melbourne'The concept of Circular and Cumulative Causation is frequently referred to in the literature, yet it has never been thoroughly analysed. This important book bridges the gap and develops an original interpretation...Phillip Toner performs an excellent task in systematising the contributions of Young, Myrdal, Hirschman, and Kaldor. The concept emerges as consisting of a complex and rich web of ideas whose strength lies in viewing technical phenomena as inseparable from historical and institutional processes.' - Joseph Halevi, Université Pierre Mendès, Grenoble, France and University of Sydney, Australia'...a well-crafted work in the history of economic thought...' - Pasquale Commendatore, Review of Political Economy About the Author DR. PHILLIP TONER has extensive experience in government economic policy, and economic research in Australian universities. For the last twenty years he has held senior positions in Australian State and Federal governments, including the Federal Treasury. Within the government his chief responsibilities included regulation of the monopoly sector, industry policy for manufacturing industry and regional development. He has held the position of Senior Researcher in the Economics Faculty at Sydney University where he undertook his doctoral research. He has published journal articles on the determinants of manufacturing investment, input-output economics and forecasting the demand for skilled trades labour. He has also co-ordinated and written a number of published public inquiries into the Australian manufacturing industry by the Federal Government.
Trustpilot
1 day ago
1 month ago
