Ravindra R. Ranade
Theory of Growth and the Tradition of Ricardian Dynamics by Badal Mukherji Oxford University Press, Delhi, 1984, 132 pp., 55.00
March-April 1984, volume 8, No 5

Economics thrives on con¬troversies. The most impor¬tant of them all are related to the process of capital accu¬mulation. Inevitably the questions boil down to the theoretical framework of ana¬lysis but not without some confusion and bloodshed. With the increasing diversity of views it becomes difficult to take stock of the contribu¬tions to theories of growth and accumulation. In this book the author tries to see some unity in this diversity, his central theme being that David Ricardo started the game and all follow his rules in spite of their different styles.

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