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  • © 2007

Macrofoundations of Political Economy and Development

Survival Conditions Analysis

Palgrave Macmillan

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Table of contents (32 chapters)

  1. Front Matter

    Pages i-xxvii
  2. Modern Macrofoundation

    1. Front Matter

      Pages 1-1
    2. Social Subsistence

      • David Goalstone
      Pages 3-10
    3. Life Expectancy

      • David Goalstone
      Pages 11-23
    4. Population

      • David Goalstone
      Pages 25-33
    5. Production-Survival Conditions

      • David Goalstone
      Pages 35-43
    6. Productivity Limits

      • David Goalstone
      Pages 45-52
    7. Macroeconomics

      • David Goalstone
      Pages 53-60
    8. Macrofoundation—Diagrams

      • David Goalstone
      Pages 61-67
    9. Macrofoundation—Algebra

      • Nobuo Okishio
      Pages 69-77
    10. Real Wages

      • David Goalstone
      Pages 79-85
    11. Principle Of Social Subsistence

      • David Goalstone
      Pages 87-94
  3. Classical Macrofoundation

    1. Front Matter

      Pages 95-95
    2. Classics

      • David Goalstone
      Pages 97-106
    3. Roots Of Civilization

      • David Goalstone
      Pages 107-119
    4. Rise And Fall Of Empires

      • David Goalstone
      Pages 121-128
    5. Ecocide

      • David Goalstone
      Pages 129-142
    6. Dismal Science—Yes Then No

      • David Goalstone
      Pages 143-151
    7. Steuart

      • David Goalstone
      Pages 153-160
    8. Malthus: Checks To Population

      • David Goalstone
      Pages 161-169

About this book

The author builds two macro foundations which lead to an understanding of the economic conditions a society must satisfy in order to exist, survive, and develop. Social subsistence is used as the entry point and fundamental principle, while both production and distribution survival conditions are formulated.

Reviews

"David Goalstone is an extraordinary economist whose focus on the economics of survival, long overdue, indeed has come. The focus for Goalstone's research is the subsistence economy, the economy of necessity and sufficiency, and the effort to develop an economics of survival. His approach is highly original, relating to the very foundations of economics. A basic thesis can be formulated as follows: there is an economy of subsistence and an economy of middle class growth, and one does not necessarily lead to the other. Goalstone has shown a way of filling in that gap, taking up old themes in the science of economics, back to Mirabeau/Quesnay, Steuart, Smith and Malthus. Every page is filled with originality, drawing on his rich experience. The book, indeed filling a gap, deserves a huge readership."

- Johan Galtung,Founder-Director of TRANSCEND: A Peace and Development Network

"Goalstone brings a much-needed fresh look at the conditions for economic success at the level of whole societies. Examining issues as diverse as population dynamics, political change, and the economic conditions for the reproduction of societies, he challenges us to re-evaluate our foundational beliefs regarding the conditions for economic development.'

- Jack A. Goldstone, Hazel Professor of Public Policy, George Mason University

"Goalstone's brilliant work on emerging market economies deserves a wide audience and careful consideration as a mechanism for understanding the problems of economic development. He posits the need for least-developed countries to achieve survival conditions as the fundamental basis for economic progress. He offers a clearly reasoned, powerful argument. His carefully reasoned view of the building blocks for development, and the needs that must be fulfilled to launch on a sustained development process both enlighten us with respect to experiences of least-developed countries and suggests steps to take to move in that direction."

- Robert Grosse, Conti Chair of International Business, Thunderbird Graduate School

"Relevant existing works are really scarce, if there are any, because macrofoundations of economic development have been unexplored by modern economists. No contemporary book I know of can be considered as a real market rival of this book."

- Phoebe Koundouri, Lecturer in Economics, University of Reading

About the author

DAVID GOALSTONE has taught economics and political economy in the United States, Japan, South Korea, and Bangladesh. He is currently a Visiting Professor in the Department of International Studies, University of Miami.

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access