- Downloads:
- The Theory of Economic Development_2.pdf
Robbins concentrates on the history of the main propositions of the theory of development·as they apply to a closed economy.
This book is based on the 1966 Chichele lectures.
![The Theory of Economic Development by Lionel Robbins](https://cdn.mises.org/styles/responsive_6_9_650w/s3/static-page/img/The%20Theory%20of%20Economic%20Development_Robbins.jpg.webp?itok=qPv733yf 650w,https://cdn.mises.org/styles/responsive_6_9_870w/s3/static-page/img/The%20Theory%20of%20Economic%20Development_Robbins.jpg.webp?itok=ytOKiH7G 870w,https://cdn.mises.org/styles/responsive_6_9_1090w/s3/static-page/img/The%20Theory%20of%20Economic%20Development_Robbins.jpg.webp?itok=ZZxjORSE 1090w,https://cdn.mises.org/styles/responsive_6_9_1310w/s3/static-page/img/The%20Theory%20of%20Economic%20Development_Robbins.jpg.webp?itok=tl5KXinu 1310w,https://cdn.mises.org/styles/responsive_6_9_1530w/s3/static-page/img/The%20Theory%20of%20Economic%20Development_Robbins.jpg.webp?itok=OKVUslI1 1530w)
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Lionel Charles Robbins (1898-1984) was one of the leading English economists of the twentieth century. His An Essay on the Nature and Significance of Economic Science (1932) is as an outstanding statement of the Misesian view of economic method; that is, namely, that economics is a social science and must advance its propositions by means of deductive reasoning and not through the methods used in the natural sciences. Robbins’ The Great Depression (1934) brilliantly applies the Austrian theory of the business cycle to explain the depression—which, he notes, was of unprecedented severity.