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NBER WORKING PAPER SERIES THE NEW KALDOR FACTS: Charles I. Jones
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... The other great accomplishment of the neoclassical model, one which has reverberated throughout macroeconomics ever since, was its explicit microeconomic foundations. Reduced form expressions that are not derived from fundamentals restrict the evidence one can bring to bear on the model, limit its u ...
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Development theory

Development theory is a conglomeration or a collective vision of theories about how desirable change in society is best achieved. Such theories draw on a variety of social science disciplines and approaches. In this article, multiple theories are discussed, as are recent developments with regard to these theories.
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