Gardiner C.Mean's Institutional and Post-Keynesian Economics

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A01=Steven G. Medema
A01=Warren J. Samuels
administered price theory
administered pricing
Author_Steven G. Medema
Author_Warren J. Samuels
Book III
Category=KCA
Category=KCB
Competitive Sector Prices
corporate governance economics
Double Entry
Double Entry Bookkeeping
economic power structures
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Gardiner C. Means
Gardiner Means
Idle Capacity
Inductive Work
industrial structure macroeconomic performance
inflation and stagflation analysis
Journal Peer Review Processes
Meaningful Objective Function
micro foundations macroeconomics
modern economy
Neo-classical Price Theory
Neoclassical Price Theory
Nondepository Financial Institutions
Post Keynesian
Post Keynesian Macroeconomics
post-Keynesian economist
Price Adjustment Process
profit maximization
Relevant Past Work
separation of ownership control
Target Return Pricing

Product details

  • ISBN 9780873326155
  • Weight: 453g
  • Dimensions: 152 x 229mm
  • Publication Date: 31 Jul 1990
  • Publisher: Taylor & Francis Inc
  • Publication City/Country: US
  • Product Form: Hardback
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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 macroeconomics is his theory that administered pricing generates inflation and stagflation. Means, in the authors' view, was a seminal thinker and a post-Keynesian economist, as well as an institutionalist. This book also gives an precis of Means's unusual career in government and the academy.
WARREN J. SAMUELS is currently professor of economics at Michigan State University. He earned his M.S. and Ph.D. degrees at the University of Wisconsin., Professor Samue1s has written extensively on the history of economic thought, Post Keynesian economics, and institutional economics., STEVEN G. MEDEMA is assistant professor at the University of Colorado at Denver. He received his M.A. and Ph.D. degrees from Michigan State University.

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