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...
