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Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981)

Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981) PDF Author: Alfred S. Eicher
Publisher: Routledge
ISBN: 1351696742
Category : Political Science
Languages : en
Pages : 380

Book Description
This title was first published in 1976. This book provides both an explanation of the inflation which has bedeviled economic policy in the West since the end of World War II and a micro-economic theory to purge Keynesian models of the Walrasian strain derived from Marshall's Principles. By focusing on what is taken to be the representative business firm of the twentieth century - the large corporation or megacorp - the microeconomic model presented in the book reverses the usual assumptions of economic analysis. Instead of assuming the existence of firms with no control over prices, the book examines how the megacorp uses its pricing power to finance its own internal rate of growth. The result is a determinant model of how prices are set under the sort of oligopolistic conditions which prevail in most modern industries throughout the world.

Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981)

Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981) PDF Author: Alfred S. Eicher
Publisher: Routledge
ISBN: 1351696742
Category : Political Science
Languages : en
Pages : 380

Book Description
This title was first published in 1976. This book provides both an explanation of the inflation which has bedeviled economic policy in the West since the end of World War II and a micro-economic theory to purge Keynesian models of the Walrasian strain derived from Marshall's Principles. By focusing on what is taken to be the representative business firm of the twentieth century - the large corporation or megacorp - the microeconomic model presented in the book reverses the usual assumptions of economic analysis. Instead of assuming the existence of firms with no control over prices, the book examines how the megacorp uses its pricing power to finance its own internal rate of growth. The result is a determinant model of how prices are set under the sort of oligopolistic conditions which prevail in most modern industries throughout the world.

The Megacorp and Oligopoly

The Megacorp and Oligopoly PDF Author: Alfred S. Eichner
Publisher: Cambridge University Press
ISBN: 9780521068611
Category : Business & Economics
Languages : en
Pages : 0

Book Description
This book provides both an explanation of the inflation which has bedeviled economic policy in the West since the end of World War II and a micro-economic theory to purge Keynesian models of the Walrasian strain derived from Marshall's Principles. By focusing on what is taken to be the representative business firm of the twentieth century - the large corporation or megacorp - the microeconomic model presented in the book reverses the usual assumptions of economic analysis. Instead of assuming the existence of firms with no control over prices, the book examines how the megacorp uses its pricing power to finance its own internal rate of growth. The result is a determinant model of how prices are set under the sort of oligopolistic conditions which prevail in most modern industries throughout the world.

The Megacorp and Macrodynamics

The Megacorp and Macrodynamics PDF Author: William Milberg
Publisher: Routledge
ISBN: 1315488922
Category : Business & Economics
Languages : en
Pages : 336

Book Description
These essays on Post-Keynesian economics were written expressly for a volume to honour the life and work of Alfred Eichner. The original countributions - that critically examine and extend ideas in Eichner's "The Macrodynamics of Advanced Market Economies" are organized in seven sections that correspond to areas of economics in which Eichner made a significant contribution. Part 1 deals with the megacorp, a theory of firm pricing and investment that was one of Eichner's most important contributions. Issues of productivity and technical change, that lie at the center of Eichner's macrodynamic model, are the focus of part 1 and parts 3 and 4 elaborate on Eichner's work on growth and money and yield insights into the theoretical disagreements among the Post-Keynesians themselves. Part 5 presents a number of examples of non-neo-classical model building. Part 6 opens with a critique of the "new economic history" that leads to other essays on thorny methodological issues confronting Post-Keynesians. Part 7 gives a European perspective on North American Post-Keynesian economics. The essays reveal the relationships between Eichner's work and Institutionalist and Marxian economics. At the same time, the book raises current theoretical conflicts among these groups as well as among Post-Keynesians themselves. This book compliments Alfred S.Eichner's "The Macrodynamics of Advanced Market Economies", also published in 1991, and is appropriate for scholars and upper-level undergraduates and graduate students.

International Competition and Economic Growth

International Competition and Economic Growth PDF Author: Robert Allen Blecker
Publisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 822

Book Description


Post Keynesian Price Theory

Post Keynesian Price Theory PDF Author: Frederic S. Lee
Publisher: Cambridge University Press
ISBN: 1139426974
Category : Business & Economics
Languages : en
Pages : 293

Book Description
This book sets out the foundations of post-Keynesian price theory. Blending theory and analysis it is the first comprehensive assessment of post-Keynesian price theory and its foundations. Scholars and students will particularly welcome the emphasis on the non-neoclassical and non-equilibrium nature of post-Keynesian price theory.

The Structure of Post-Keynesian Economics

The Structure of Post-Keynesian Economics PDF Author: G. C. Harcourt
Publisher: Cambridge University Press
ISBN: 1139457764
Category : Business & Economics
Languages : en
Pages : 28

Book Description
This is a major contribution to post-Keynesian thought. With studies of the key pioneers - Keynes himself, Kalecki, Kahn, Goodwin, Kaldor, Joan Robinson, Sraffa and Pasinetti - G. C. Harcourt emphasizes their positive contributions to theories of distribution, pricing, accumulation, endogenous money and growth. The propositions of earlier chapters are brought together in an integrated narrative and interpretation of the major episodes in advanced capitalist economics in the post-war period, leading to a discussion of the relevance of post-Keynesian ideas to both our understanding of economics and to policy-making. The appendices include biographical sketches of the pioneers and analysis of the conceptual core of their discontent with orthodox theories. Drawing on the author's experience of teaching and researching over fifty years, this book will appeal to undergraduate and graduate students interested in alternative approaches to theoretical, applied and policy issues in economics, as well as to teachers and researchers in economics.

The Economics of the Modern Construction Sector

The Economics of the Modern Construction Sector PDF Author: G. Ive
Publisher: Springer
ISBN: 0230510914
Category : Business & Economics
Languages : en
Pages : 275

Book Description
This book will be of interest to built environment professionals and to students of the economics and management of the built environment. It shows the value of integrating ideas and data about the production of the built environment as an industrial process with theories and data about the demand for construction. The approach taken is institutional and post-Keynesian, and illuminates an important and distinctive sector of the economy, embracing design, construction and property industries. This book offers some new and important perspectives for research and teaching in construction economics and management.

Classical Economics Today

Classical Economics Today PDF Author: Marcella Corsi
Publisher: Anthem Press
ISBN: 178308751X
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 276

Book Description
“Classical Economics Today: Essays in Honor of Alessandro Roncaglia” comprises a collection of original essays by leading economists who adopt a Classical approach to political economy. The essays showcase the relevance and topicality of the Classical approach, as opposed to the sterility and real-world irrelevance of mainstream economics.

Economic Crisis and Political Economy

Economic Crisis and Political Economy PDF Author: R. Bellofiore
Publisher: Springer
ISBN: 1137335750
Category : Political Science
Languages : en
Pages : 406

Book Description
Rosa Luxemburg, Oskar Lange and Micha? Kalecki made important contributions to twentieth century political economy that guided the thinking of their student Tadeusz Kowalik. The chapters of this volume examine how the ideas of Luxemburg, Lange, Kalecki and Kowalik can illuminate our understanding of the crisis in twenty-first century capitalism.

The Emergence of Oligopoly

The Emergence of Oligopoly PDF Author: Alfred S. Eichner
Publisher:
ISBN:
Category : Sugar
Languages : en
Pages : 388

Book Description