Evsey D. Domar

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Evsey David Domar ( Russian Евсей Дейвид Домар , born Yevsei Davidovich Domaschewizki , Евсей Давидович Домашевицкий * 16th April 1914 in Lodz ; † 1. April 1997 in Concord , Massachusetts ) was an American economist .

Life

Evsey Domar grew up in Outer Manchuria , Russia. In 1936 he emigrated to the United States . He graduated from the University of California in 1939 and received his PhD in 1947 . He was a professor at the Carnegie Institute of Technology , the University of Chicago , Johns Hopkins University, and from 1957 until his retirement at MIT . In 1962 he was elected to the American Academy of Arts and Sciences .

As early as 1946, Domar expressed criticism of the balance in underemployment of Keynesianism . He became famous for the Domar paradox named after him , which is based on the dual character of investments .

Domar's theory of growth has similarities to that of Harrods and is known as the Harrod-Domar model .

Fonts (selection)

Essays
  • The Burden of Debt and National Income . In: The American Economic Review , 34, 798-827 (1944), ISSN  0002-8282 .
  • Capital expansion, Rate of Growth and Employment In: Econometrica , Vol. 14 (1946), pp. 137-250, ISSN  0012-9682
    • German translation: capital expansion, growth rate and employment . In: Heinz König (Ed.): Growth and Development of the Economy (New Scientific Library; Vol. 23). Kiepenheuer & Witsch, Cologne 1968, pp. 55–66.
Monographs
  • Essays in the theory of economic growth . OUP, New York 1966 (EA New York 1957).
  • Capitalism, socialism, and serfdom . Cambridge University Press, Cambridge 1989, ISBN 0-521-37091-4 .

Web links