This paper is part of a larger project aiming at revitalizing high development theory". It examines the roots of development economics, tracing it back to the seminal contributions of European émigrés to the UK and the US in the 1930s. Developed mainly by German speaking economists it became...

A review essay on Edward J. Nell, The General Theory of Transformational Growth, Cambridge, Cambridge University Press, 1998; A. P. Thirwall, The Nature of Economic Growth. An Alternative Framework for Understanding the Performance of Nations, Cheltenham, Edward Elgar, 2002; Mark Setterfield (ed.), The...