This book is an attempt, Probably among the first, at a critical history of post-second War Economic Analysis centering on the contribution of the forty and above "Nobel" Economists. These contributions have been appraised in the background of the devleopment in economics from the Twenties onwards. There is also a thematic survey of major analytical contributions in the modern period. Parallels between modern development and earlier contribution have been touched upon. The standpoint throughout is that of the classical and the post-classical and the post-classical perspectives. The releance of the Nobel contributions to development economics is examined and an account of the sraffian economics i the light of a synthesis along Marshallian and Schumpeterian lines has also been provided. The treatment throughout is abstract and can be grasped by research scholars all over the world.
Late Dr. P.R. Brahmananda has been a professor at the Department of Economics. Mumbai University and is currently an honorary fellow of the Institute for Social and Economical Journal. In 1996 he was nominated for the Financial Express Award for the outstanding economist of the year.
Dr. Brahmanand is known as a poineer in the early Fifties for stuides in Welfare Economics from a classical and Marshallian angle and of researches in development economics from the angle of under-developed countries. In the mid-fifties, he develped the wage-goods model of development with special accent on employment and income.In sixties he helped to develop modern classical analysis in value, development, money and international trade and realted spheres along the lines of the Ricordosraffa tradition. In the late Sixties, he evolved the new classical approach to macroeconomics strictly along classical lines.He also worked out the classicla theory of liquidity for the modern period. In the seventies, he published a major critique of modern mainstream economics from the classical angle.In the Eighties, he published a treatise on inflation along new classicallines.He also carried out a major research on productivity economics with special attention to India. He is presently working on a history of money, income and prices in India from the 18th Century to the end of the British Rule Volume one has been completed and is expected to be published soon.