Conversations on Growth, Stability and Trade
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Conversations on Growth, Stability and Trade

An Historical Perspective

Brian Snowdon

This unique volume provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in macroeconomics and scrutinises some of the most important debates in economic history. The author examines the many controversies relating to the role of government in a modern economy, long-run growth and development, the spread of the Industrial Revolution, the causes and consequences of the ‘Great Depression’, the ‘Great Peacetime Inflation’, the conduct of stabilisation policy, international economic integration and globalisation.
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Charles Jones

Brian Snowdon


Charles Jones was born in 1967 in Asheville, North Carolina. He was an undergraduate student at Harvard University from 1985 to 1989 where he graduated with an A.B. summa cum laude, and a graduate student at MIT where he received his PhD in 1993. From 1993 until June 2001 Charles Jones was Assistant Professor of Economics at Stanford University, California. In July 2001 he moved to the University of California at Berkeley as Associate Professor of Economics. Professor Jones is a leading figure in the field of economic growth and is best known for his work on the determinants of longrun growth, the reasons why income per capita differs across countries, convergence and the evolution of world income distribution, the relationship between R&D and economic growth, and idea-based endogenous growth theory. Among his rapidly growing number of publications his best known include: ‘Economic growth and the relative price of capital’, Journal of Monetary Economics (December, 1994); ‘Time series tests of endogenous growth models’, Quarterly Journal of Economics (May, 1995); ‘R&D-based models of economic growth’, Journal of Political Economy (August, 1995); ‘Technology and Convergence’ (with Andrew Bernard) Economic Journal (July, 1996); ‘Comparing apples to oranges: productivity convergence and measurement across industries and countries’ (with Andrew Bernard), American Economic Review (December, 1996); ‘On the evolution of world income distribution’, Journal of Economic Perspectives (Summer, 1997); 342 Charles Jones 343 ‘Convergence revisited’, Journal of Economic Growth (July, 1997); ‘Measuring the social return to R&D’ (with John Williams), Quarterly Journal of...

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