Abstract
The assumption: ceteris paribus is, indeed, a necessary prerequisite for any theory that aims at explaining certain specific characteristics of an economic system. Without this assumption the theoretical tools cannot be sharpened. Without it, economics deteriorates to a descriptive or institutional science incapable of explaining economic development.
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© 1965 International Economic Association
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Svennilson, I. (1965). Education, Research and Other Unidentified Factors in Growth. In: Robinson, E.A.G. (eds) Problems in Economic Development. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15223-0_5
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DOI: https://doi.org/10.1007/978-1-349-15223-0_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-15225-4
Online ISBN: 978-1-349-15223-0
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