Evsey David Domar

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Domar, Evsey David

 

(born Domashevitsky). Born Apr. 16, 1914, in Lódź. American bourgeois economist; one of the founders of the theory of economic growth.

Domar has lived in the USA since 1936. He graduated from the University of California in 1939 and received his doctoral degree in 1947. Since 1940 he has taught in American universities and institutes. Since 1957 he has been a professor of economics at Massachusetts Institute of Technology. Domar’s theories are directed at finding ways of raising the rate of the economic growth of capitalism. He is mainly concerned with the accumulation of capital. He rejects the existence of objective laws of economic development and assigns psychological factors a decisive role.

WORKS

Essays in the Theory of Economic Growth. New York, 1957.

REFERENCES

Al’ter, L. B. Burzhuaznaia politicheskaia ekonomiia SShA. Moscow, 1971. Chapter 16.
Osadchaia, I. M. “K otsenke osnovnykh napravlenii v teorii ekonomicheskogo rosta.” In the collection Sovremennyi kapitalizm i burzhuaznaia politicheskaia ekonomiia. Moscow, 1967. Pages 148-64.
The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.