02772cam a22003014a 4500 1622846 BD-DhUL 20160526160806.0 011029s2002 enka b 001 0 eng 2001055511 GBA2-49058 1858981646 1622846 DLC eng DLC DLC OrLoB-B BD-DhUL 338.9 21 BEI Berdell, John, 1960- International trade and economic growth in open economies : the classical dynamics of Hume, Smith, Ricardo and Malthus / John Berdell. Cheltenham, UK ; Northampton, MA, USA : E. Elgar Pub., c2002. xi, 186 p. : ill. ; 24 cm. Includes bibliographical references (p. 153-177) and index. 1. Historical Dynamics: Cosmopolitan and International -- Pt. I. From Cosmopolitan to International: Four Classical Visions of Commercial Openness -- 2. Trading in Innovation: Hume and the Case for Freer Trade -- 3. Trading Animosity: Adam Smith and the Ambiguity of Nations -- 4. Stability and Openness: the Malthus-Ricardo Debate -- Pt. II. Some Classical Dynamics of Open Economy Growth -- 5. The Present Relevance of Hume's Open Economy Monetary Dynamics -- 6. A Dynamic Model of the Division of Labor and the Extent of the Market -- 7. Effective Demand and Technical Change in the Ricardo-Malthus Debate -- 8. Classical Political Economy: Back to Their Future? "In this book, John Berdell addresses the widely-held belief that classical economics distanced itself from policy issues and public debates regarding the effects of international trade on economic growth in advanced economies. He argues, through a detailed consideration of the evolution and structure of Hume's, Smith's, Ricardo's and Malthus' analyses, that it is not only contemporary international economic theory which takes account of these issues." "Berdell uses a series of non-linear dynamic models to illustrate and analyse important aspects of each author's discussion of the interactions between trade and growth. The findings are then extended to create a comparison of the classical models with recent empirical research in this area. Berdell suggests that John Stuart Mill's plan to synthesise and extend Hume's, Smith's and Ricardo's analysis of commercial society was rendered intractable by the limitations of Hume's associationalist psychology.". "This work will be of great interest to both historians of economic ideas and economists concerned with modelling the interactions between growth and international trade."--BOOK JACKET. International trade. Economic development. Classical school of economics. ddc BK 70549 70549 0 0 ddc 0 338_900000000000000_BEI 0 NFIC 119929 DUL DUL GEN 2003-04-16 Purchased 338.9 BEI 405523 2016-05-26 2016-05-26 BK