Episode 106: Theories of Economic Growth and Development

episode

The Science of Everything Podcast not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from The Science of Everything Podcast

Episode 164: Gauge Theory and the Higgs Boson 1h 4m · 30 Aug 2026

Episode 163: The Standard Model of Particle Physics 45 min · 08 Aug 2026

Episode 162: Human Evolution 1h 26m · 30 Jun 2026

Episode 161: Dinosaurs and Other Ancient Reptiles 1h 33m · 01 Jun 2026

All episodes from The Science of Everything Podcast →

Report any issue

Source

Recorded31 May 2020

Publisherthescienceofeverything.net ↗

Handlerec:13630997

Show notes

In this fourth part of our series on economic growth and development, I outline the major theories of economic development developed over the past sixty years. I trace the development of such theories beginning with the Harrod-Domar theory, and proceeding through the Solow-Swan model, the Ramsey model, Romer's spillovers model, and endogenous growth theory, in each case discussing their key features, and analysing their strengths and weaknesses. The episode concludes with a brief survey of a range of more recent growth models focusing on modelling coordination failures and poverty traps, emphasising the work of Daron Acemoglu on economic institutions. The Recommended pre-listening is Episode 105: Economic Growth and Development Part III. If you enjoyed the podcast please consider supporting the show by making a paypal donation or becoming a patreon supporter. https://www.patreon.com/jamesfodor https://www.paypal.me/ScienceofEverything

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.