Cover: Growth and Distribution: Second Edition, from Harvard University PressCover: Growth and Distribution in HARDCOVER

Growth and Distribution

Second Edition

A major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation.

Authors Duncan Foley, Thomas Michl, and Daniele Tavani present Classical and Keynesian approaches to growth theory, in parallel with Neoclassical ones, and introduce students to advanced tools of intertemporal economic analysis through carefully developed treatments of land- and resource-limited growth. They cover corporate finance, the impact of government debt and social security systems, theories of endogenous technical change, and the implications of climate change. Without excessive formal complication, the models emphasize rigorous reasoning from basic economic principles and insights, and respond to students’ interest in the history and policy dilemmas of real-world economies.

In addition to carefully worked out examples showing how to use the analytical techniques presented, Growth and Distribution presents many problems suitable for inclusion in problem sets and examinations. Detailed answers to these problems are available. This second edition includes fresh data throughout and new chapters on climate change, corporate capitalism, models of wealth inequality, and technical change.

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Jacket: Atomic Doctors: Conscience and Complicity at the Dawn of the Nuclear Age, by James L. Nolan, Jr., from Harvard University Press

Remembering Hiroshima

On this day 75 years ago, the United States dropped the world’s first atomic bomb on Hiroshima, Japan. James L. Nolan Jr.’s grandfather was a doctor who participated in the Manhattan Project, and he writes about him in Atomic Doctors: Conscience and Complicity at the Dawn of the Nuclear Age, an unflinching examination of the moral and professional dilemmas faced by physicians who took part in the project. Below, please find the introduction to Nolan’s book. On the morning of June 17, 1945, Captain James F. Nolan, MD, boarded a plane