This text looks at the potential benefits of concept and theory formation along dynamic, evolutionary and valuation for understanding economic processes.
This text looks at the potential benefits of concept and theory formation along dynamic, evolutionary and valuation for understanding economic process...
Gardiner Means has a secure place in the history of 20th-century economic thought, as the co-author with A.A.Berle of The Modern Corporation and Private Property. But according to Samuels and Medema, Means should be remembered for major contributions in both micro- and macroeconomics. The authors discuss Means's ideas of administered pricing and profit maximization within the giant corporation, the possible links between industrial structure and macroeconomic performance, a theory of the firm as it relates to the market, and the micro foundations of macroeconomics. Central to Means's...
Gardiner Means has a secure place in the history of 20th-century economic thought, as the co-author with A.A.Berle of The Modern Corporation and Priva...