The Market and the State: Essays in Honour of Adam SmithClarendon Press, 1976 - 359 páginas |
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Página 85
... competitive market.13 The so - called ' perfect competition ' of static theory is not required and is , in any case , a somewhat dubious concept ; but effective dynamic competition is another matter . Smith saw this very clearly ...
... competitive market.13 The so - called ' perfect competition ' of static theory is not required and is , in any case , a somewhat dubious concept ; but effective dynamic competition is another matter . Smith saw this very clearly ...
Página 200
... competition and of economic growth . The main analytical lines for such an appraisal will be discussed in the second part of the paper . 1. Competition and monopoly I The distance between the static conception of competition , still ...
... competition and of economic growth . The main analytical lines for such an appraisal will be discussed in the second part of the paper . 1. Competition and monopoly I The distance between the static conception of competition , still ...
Página 233
... competition and of obstacles to entry as the sine qua non of monopoly . It is the failure to appreciate the essential dynamics of the Smithian competitive process which is the central weakness both of the more elegant neoclassical ...
... competition and of obstacles to entry as the sine qua non of monopoly . It is the failure to appreciate the essential dynamics of the Smithian competitive process which is the central weakness both of the more elegant neoclassical ...
Contenido
Adam Smith and the Industrial | 1 |
Smiths Contribution in Historical Perspective | 44 |
Sympathy and SelfInterest | 73 |
Derechos de autor | |
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Términos y frases comunes
Adam Smith aggregate demand agricultural analysis balance of payments banking benefit Britain British Cannan capital cent century changes commodity competition concept consumers costs course defence discussion distribution division of labour economic growth economic thought effects efficiency employment equal Europe exchange exports external factor fiscal free trade function important income increase individual industrial revolution inflation institutions interest investment Josiah Wedgwood labour market less limited London long-run manufactures marginal ment mercantilist modern economists monetary money supply monopoly Moral Sentiments natural liberty output perhaps Political Economy Political Economy Club population production Professor Musgrave profits progress Public Expenditures Public Finance question redistribution restrictions Ricardo rise role sector self-interest share Smithian social social welfare function society sympathy taxation terms of trade Theory of Moral tion tropical utility wages Wealth of Nations Wedgwood welfare economics