Instability Principle

  • Roy Harrod


It is needful to open this chapter by some rather trite remarks. This is because there have been references in the writings of distinguished economists to the‘Harrod knife-edge’. Nothing that I have ever written (or said) justifies this description of my view.


Business Cycle Fiscal Policy Full Employment Market Rate Fixed Capital 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Roy Harrod 1973

Authors and Affiliations

  • Roy Harrod

There are no affiliations available

Personalised recommendations