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T. W. Swan Growth Models: Of Golden Ages and Production Functions

In: Trevor Winchester Swan, Volume II

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  • Peter L. Swan

    (UNSW Australia)

Abstract

In this paper I intend to ask more questions than I can answer, and mainly to urge that economists need to consider very closely what it is that theories of economic growth are about, what questions they are trying to answer, if economic theory is not merely jejune mathematics. We also know that if we were asked to think about a five-year plan for India we would not look to economic theory for ready answers: we would need to learn a great deal about India, for more from economic theory than that it might help us with some basic insights as to how to set about the task.

Suggested Citation

  • Peter L. Swan, 2023. "T. W. Swan Growth Models: Of Golden Ages and Production Functions," Palgrave Studies in the History of Economic Thought, in: Trevor Winchester Swan, Volume II, chapter 0, pages 231-248, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-031-23807-9_20
    DOI: 10.1007/978-3-031-23807-9_20
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