Description: This important book presents a theory of general equilibrium and was the first to present in condensed form the construction of the two-sector model, its applications to the theory of distribution and public finance for income redistribution, and its conversion into a growth model
Brief description:
Harry G. Johnson was Professor of Economics at the London School of Economics and the University of Chicago. He was a Fellow of the American Academy of Arts and Sciences and a Member of the Executive Committee of the American Economic Association. He has been editor of The Manchester School and the Journal of Political Economy and has served on the research staff of the Royal Commission on Banking and Finance, as a Consultant to the Board of Governors of the Federal Reserve System and as a Member of the Review Committee on Balance of Payments Statistics.