Economic Development with Unlimited Supplies of Labour

  title={Economic Development with Unlimited Supplies of Labour},
  author={W. Lewis},
  journal={The Manchester School},
  • W. Lewis
  • Published 1954
  • Economics
  • The Manchester School
Written in the classical tradition this essay attempts to determine what can be made of the classical framework in solving problems of distribution accumulation and growth first in a closed and then in an open economy. The purpose is to bring the framework of individual writers up to date in the light of modern knowledge and to see if it helps facilitate an understanding of the contemporary problems of large areas of the earth. The 1st task is to elaborate the assumption of an unlimited labor… Expand