ABSTRACT
Instrumental analysis is to discover the particular set of causes that are suitable for the realization of some postulated effect. Under both aspects, Stabilization and Balancing of Growth or, more specifically, the establishment of full resource utilization and the achievement of the continuous and efficient absorption of newly available resources, hold pride of place. Stabilization and Balancing of Growth are attainable macro-goals, irrespective of whether the initial state of the system is one of equilibrium or of disequilibrium. Under practical aspects one may still wonder whether stationary equilibrium is the proper frame of reference. Though the attempt has been made to conceive pre-industrial as well as capital-saturated market economies in this image, all real economic movements during the past two centuries have occurred as parts of a comprehensive growth process. The economic theory of growth thus largely coincides with the theory of capital formation.
