Roy Harrod

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.           

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.

“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)