Prospectus -- Economic Rationality and Norms -- On Weighing Scales Known to Be Biased -- From Analysis to Prescription -- Macro Perspectives -- The Vicious Circle of Poverty -- The Idea of the Vicious Circle -- The Vicious Circle, Industrialization, and Balanced Growth -- The O-Ring Theory of Low Productivity -- Manifestations of Unemployment -- Growth and Development -- The Harrod-Domar Legacy -- The Neoclassical Model -- Endogenous Growth -- Distribution and Development -- Limitations -- Inflation and Structural Disequilibrium -- Employment Policy and the Inflation Barrier -- Notes on Michal Kalecki -- Structural Disequilibrium -- Foreign Exchange and Trade: Some Considerations -- Closed and Open Economies -- Foreign Exchange Constraints and Growth: A Two-Gap Model -- Aid and Welfare: A Paradoxical Theorem -- The Terms of Trade in the Long Run -- International Debt -- The Agenda -- Sovereign Risk and Rationality -- Some Standard Models -- Loan Pushing -- Debt Forgiveness -- Buybacks and Debt-Equity Swaps -- The Dual Economy -- The Structure of a Dual Economy -- The Lewis Model -- Critiques -- Migration -- Migration and Urban Unemployment -- The Harris-Todaro Model -- Policy Issues -- The Monotonicity Proposition -- The Rural-Urban Wage Gap -- The Labor Turnover Model -- Extensions and Critique -- Labor Turnover and Duopsony: A Digression -- Unemployment and Surplus Labor -- The Wage-Productivity Model -- Surplus Labor and the Efficiency Wage -- Surplus Labor in the Casual Labor Market -- A Comment on Dualism.