Managing Growth in Miniature

Author(s)
Verena Halsmayer
Abstract

Managing Growth in Miniature explores the history of the way economists think about growth. It focuses on the period between the 1930s and 1960s, tracing the development of the famed 'Solow growth model,' one of the central mathematical models in postwar economics. It argues that models are not simply 'efficient tools' providing answers to the problems of economic theory and governance. The Solow model's various uses and interpretations related not only to the ways it made things (in)visible, excluded questions, and suggested actions. Its 'success' and effects ultimately also pertained to its fundamental ambiguities. Attending to the concrete sides of economic abstractions, this book provides a richly layered and accessible account of the forms of knowledge that shaped the predominant notion of 'economic growth' and ideas of how to govern it.

Organisation(s)
Department of History
No. of pages
282
DOI
https://doi.org/10.1017/9781009092340
Publication date
2024
Peer reviewed
Yes
Austrian Fields of Science 2012
601022 Contemporary history, 601008 Science of history, 509006 History of social sciences, 509017 Social studies of science
Keywords
ASJC Scopus subject areas
General Arts and Humanities, General Economics,Econometrics and Finance, General Business,Management and Accounting
Portal url
https://ucrisportal.univie.ac.at/en/publications/ad4ace5f-b6d3-4747-b2cd-806203d7e995