Foundations of Post-Keynesian Economic AnalysisE. Elgar, 1992 - 461 páginas This innovative book demonstrates that it is possible to construct a coherent alternative to neoclassical economics based on the contributions of post Keynesian and Kaleckian economists. It identifies elements from the non-orthodox traditions, in particular from the neo-Ricardian school, that can be welded into a convincing alternative theoretical framework. The building blocks of this synthesis are the non-neo-classical microeconomic foundations of the theory of choice and of the firm. By emphasizing the consequences of a world characterized by true uncertainty and oligopolistic dominance, Marc Lavoie extends short-period paradoxes to the analysis of the long period, and bases these macroeconomic results on microeconomic foundations. |
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Página 96
... competitive industries in which the number of competitors is small ' ( quoted in Clifton , 1983 , p . 24 ) . Similarly , we can deny that cost - plus pricing only applies to monopolies and oligopolies . It has been recognized by several ...
... competitive industries in which the number of competitors is small ' ( quoted in Clifton , 1983 , p . 24 ) . Similarly , we can deny that cost - plus pricing only applies to monopolies and oligopolies . It has been recognized by several ...
Página 97
... competition does not always prevail and we should therefore expect prices to be fixed independently of demand . We could thus say that the represen- tative post - Keynesian firm prevails everywhere , except in competitive industries of ...
... competition does not always prevail and we should therefore expect prices to be fixed independently of demand . We could thus say that the represen- tative post - Keynesian firm prevails everywhere , except in competitive industries of ...
Página 102
... competition constrain management- controlled companies to behave as efficiently as firms controlled by their owners . It ... competitive forces are unlikely to be the root cause of similarity in owner - manager performance ' ( Kania and ...
... competition constrain management- controlled companies to behave as efficiently as firms controlled by their owners . It ... competitive forces are unlikely to be the root cause of similarity in owner - manager performance ' ( Kania and ...
Contenido
Theory of Choice | 57 |
Theory of the Firm | 94 |
Credit and Money | 153 |
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Términos y frases comunes
actual rate aggregate demand analysis assumed base money behaviour borrow Cambridge capacity utilization capital central bank changes Chapter commercial banks consumers consumption cost-plus pricing deposits economists effective demand effective demand curve Eichner employment endogenous equal equation equilibrium exogenous Figure firms full capacity given higher rate households impact income increase induce interest rates investment function Kaldor Kalecki Kaleckian model Keynes liquidity preference loans long run macroeconomic margin of profit marginal costs needs neo-Ricardian neoclassical economics neoclassical theory normal rate overhead labour paradox of thrift parameters positive Post Keynesian Economics post-classical post-Keynesian post-Keynesian theory procedural rationality profits cost curve propensity to save rate of accumulation rate of capacity rate of growth rate of interest rate of profit rate of return rate of utilization ratio real wage rate reserves result Robinson sector share of profits standard rate target target-return pricing technical progress tion uncertainty utilization of capacity workers
Referencias a este libro
The Evolution of Institutional Economics: Agency, Structure, and Darwinism ... Geoffrey Martin Hodgson Sin vista previa disponible - 2004 |
Credit, Money, and Production: An Alternative Post-Keynesian Approach Louis-Philippe Rochon Vista de fragmentos - 1999 |