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The Circulation of Wealth

In: Perspectives of Economic Development

Author

Listed:
  • Amlan Datta

Abstract

Alfred Marshall drew an analogy between economic development and biological evolution. In the process of development different organs of the national economy become differentiated and further development comes to depend on how well these parts are coordinated and how effectively they support one another and the whole. This is a matter which will come up in various forms in a variety of contexts in subsequent chapters. A few preliminaries can be usefully discussed at this stage.

Suggested Citation

  • Amlan Datta, 1973. "The Circulation of Wealth," Palgrave Macmillan Books, in: Perspectives of Economic Development, chapter 0, pages 37-48, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-01956-4_4
    DOI: 10.1007/978-1-349-01956-4_4
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