"It is clear from Caldentey's book that Harrod has been 'underrated', 'misunderstood' and 'misinterpreted' owing to reading Harrod's work on instability and growth through a marginalist lens and due to his own contradictions ... . It is in this spirit that Caldentey calls for 'an understanding of Harrod based on his own terms and logic, and theoretical frameworks' ... which the book does deliver, and in an accessible manner too." (Alex M. Thomas, Indian Journal of Human Development, August 29, 2021)
Chapter 1: The lives, times and contributions of Roy Harrod.- Chapter 2: The early writings on the trade cycle and imperfect competition.- Chapter 3: The trade cycle.- Chapter 4: The Essay in Dynamic Theory.- Chapter 5: Statics, dynamics and the history of economic thought.- Chapter 6: International Economics.- Chapter 7: The reform of the global financial architecture.- Chapter 8: Further developments in dynamic economics.- Chapter 9: Harrod´s legacy: pulling it all together.
Esteban Pérez Caldentey is Chief of the Financing For Development Unit at the Economic Commission for Latin America and the Caribbean (ECLAC). He is part of the editorial advisory board for the International Journal of Political Economy and Investigación Económica; co-editor of The Review of Keynesian Economics and is Editor-in-Chief of The Palgrave Dictionary of Economics.
This landmark book describes and analyzes the original contributions Sir Roy Harrod made to fields including microeconomics, macroeconomics, international trade and finance, growth theory, trade cycle analysis and economic methodology. Harrod’s prolific writings reflect an astounding and unique intellectual capacity, and a wide range of interests. He became Keynes´ biographer and wrote a volume on inductive logic. At the policy level, Harrod played a central role in the formulation of the Keynes´ Clearing Union plan for international monetary reform. He also actively participated in British politics and government and gained recognition as an expert in the field of international economics. Yet, until now, Harrod has remained an underrated economist, commonly misunderstood and misrepresented. This is the first major intellectual biography of Harrod to be published.