Download or read book Competition Monopoly and Differential Profit Rates written by Willi Semmler and published by . This book was released on 1984 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competition Vs Monopoly written by Paul Cooney and published by . This book was released on 1989 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of Monopolistic Competition written by Edward Chamberlin and published by . This book was released on 1962 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chamberlain's classic work, now in its eighth edition, continues to influence the fundamental thinking of economists and businessmen, and for the best of reasons: It is a basic treatise in theory which, unlike traditional theories of "perfect competition," deals with the economic world we live in, including both price and nonprice competition, oligopoly, various degrees of monopoly, "differentiated" products, advertising, etc. Its influence has spread extensively as well as intensively--to new theoretical problems, such as economic dynamics and development, and to the analysis of an increasingly wide range of the so-called "applied" fields. In this eighth edition of The Theory of Monopolistic Competition Professor Chamberlain has added three new appendices: The Definition of Selling Costs; Numbers and Elasticities; and The Origin and Early Development of Monopolistic Competition Theory. The index has been extensively revised and expanded. In successive earlier editions the author compiled a bibliography of 1497 items. He also added a new treatment of the cost curve of the firm, discussing in particular some current misconceptions as to the role of the laws of proportions and of the divisibility of factors in relation to economics and diseconomies of scale, and advancing a broader theory which assigns to both proportions and scale their proper roles.
Download or read book Competition Vs Monopoly written by Mark Glick and published by . This book was released on 1989 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monopolistic Competition and General Equilibrium Theory written by Robert Triffin and published by . This book was released on 1962 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competition Vs Monopoly written by Mark A. Glick and published by . This book was released on 1985 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book In Defense of Monopoly written by Richard B. McKenzie and published by University of Michigan Press. This book was released on 2019-02-28 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.
Download or read book Competing Schools of Economic Thought written by Lefteris Tsoulfidis and published by Springer Science & Business Media. This book was released on 2010-06-29 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. 1 Introduction This book was born out of our reaction to the way in which the usual texts cover the subject of the history of economic thought. In most of these texts, there is a tendency to emphasize the similarities and differences between all the important economists and form a repository of encyclopedic knowledge where one can study the seemingly important economic ideas. In this book, we argue that it is much more fruitful to focus on the essential ideas of each and every school of economic thought and relate them to present-day problems, than to engage into a sterile discussion of the ideas and the lives of the great economists of the past. Thus, although this book deals with the history of economic thought, it does not necessarily follow a historic (in the sense of the order of presentation) approach, but rather a logical one, that is to say it deals with the social conditions associated with the emergence of a school of economic thought, its evolution, and its contemporary in?uence. One cannot write a book on the history of economic thought without writing separate chapters on the major economists of the past, that is, Adam Smith, David Ricardo, Karl Marx, and J. M. Keynes. Of course these economists formed schools of economic thought, that is, the classical and the Keynesian.
Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Download or read book Public Sector Debt Statistics written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-12-08 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of recent years and the associated large fiscal deficits and debt levels that have impacted many countries underscores the importance of reliable and timely government statistics and, more broadly, public sector debt as a critical element in countries fiscal and external sustainability. Public Sector Debt Statistics is the first international guide of its kind, and its primary objectives are to improve the quality and timeliness of key debt statistics and promote a convergence of recording practices to foster international comparability and as a reference for national compilers and users for compiling and disseminating these data. Like other statistical guides published by the IMF, this one was prepared in consultation with countries and international agencies, including the nine organizations of the Inter-Agency Task Force on Finance Statistics (TFFS). The guide's preparation was based on the broad range of experience of our institutions and benefitted from consultation with national compilers of government finance and public sector debt statistics. The guide's concepts are harmonized with those of the System of National Accounts (2008) and the Balance of Payments and International Investment Position Manual, Sixth Edition.
Download or read book The Economics of Imperfect Competition written by Joan Robinson and published by Springer. This book was released on 1969-07-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Download or read book Income Distribution Inflation and Growth written by Lance Taylor and published by MIT Press. This book was released on 1991 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field. It codifies a new generation of structuralist macroeconomic models that incorporate the economic power relationships of key institutions and groups, integrates both finance and real macroeconomics, and covers a diverse range of experience in the developing world over the past three decades. In an introduction Taylor explains his methodology, describes assumptions underlying the models used, and reviews theories that relate economic growth and the role of financial assets. He then takes up basic structuralist models of a closed economy and moves on to consider the open economy cases. He incorporates the latest developments in the field (inflation, financial crisis, exchange rate management, increasing returns, and the like) in a treatment that departs substantially from economic orthodoxy. Taylor first addresses the question of how to specify "closure" or define the causal structure of macro models. He also considers how income redistribution influences growth and output and how income redistribution interacts with inflation. Next, an investment-driven non-full employment growth model draws on ideas introduced earlier to illustrate how different sorts of macroeconomic policies affect short-run adjustment and growth prospects over time. Taylor then turns to the problems proposed by economic openness in a stylized semi-industrialized country, starting with international trade. A fix-price/flex-price model is developed, and additional models demonstrate cases of policy relevance as well as interactions between class conflict and growth.
Download or read book Competition written by Jack C. High and published by Edward Elgar Publishing. This book was released on 2001 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major volume presents a collection of the most important published articles in the field, including influential papers by key economists on competition, monopoly and regulation. Competition follows the development of the idea, as an analytical tool and also as a policy ideal, from Adam Smith through the marginal revolution to the modern concept of perfect competition. The editor's original introductory essay shows how the scope of competition has narrowed in modern times. It also emphasizes the distinctions between competition as an end state and competition as a process. This volume will be of interest to economists, policy makers and business persons who are concerned with competition and related subjects. Book jacket.
Download or read book The Theory of Monopoly Capitalism written by John Bellamy Foster and published by NYU Press. This book was released on 2014-04-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marx’s work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital at the center of their analysis, arguing that the rising surplus such fi rms accumulated—as a result of their pricing power, massive sales efforts, and other factors—could not be profi tably invested back into the economy. Absent any “epoch making innovations” like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation—a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or “accumulation on a world scale,” overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy’s Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered “lost” chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezy’s analysis of the fi nancialization of the economy in the 1970s, ‘80s, and ‘90s, leading up to the Great Financial Crisis of the opening decade of this century. Foster presents and develops the main arguments of monopoly capital theory, examining its key exponents, and addressing its critics in a way that is thoughtful but rigorous, suspicious of dogma but adamant that the deep-seated problems of today’s monopoly-fi nance capitalism can only truly be solved in the process of overcoming the system itself.
Download or read book Strategic Competition Dynamics and the Role of the State written by Jamee K. Moudud and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists from all heterodox traditions of political economy will benefit from reading this book both for its confirmation of many of the basic precepts of classical, Marxian and Harrodian economics and the challenges it poses for its trenchant Post-Keynesian/Kaleckian critics, for whom short-period analytics of effective demand can and should be extended to long-period analysis. While his critique of the principle of effective demand for the long run would leave many Post-Keynesians uncompromising, the strong Keynesian view held by the author on the necessity for public-sector capital budgeting, and a developmental state upon which ought to be grafted a long-term growth policy based on public investment would certainly find strong resonance in the context of the global economic crisis. Mario Seccareccia, University of Ottawa, Canada and Editor of the International Journal of Political Economy Jamee K. Moudud s book is in the best tradition of dynamic economics stemming from the work of Harrod and Kalecki. Moudud demonstrates a solid command of the intellectual history of his subject. His insightful critical survey of the growth literature focuses on an often neglected dimension of the topic, i.e. the question of how real-world firms make decisions about capacity utilization and capacity creation. This discussion grounds Moudud s subsequent theoretical analysis of the disequilibrium dynamics of cyclical growth. The book is that rarest of things both a useful teaching tool and an original contribution in its own right. Graduate students will find it a superb introduction to the analytical issues that are at the center of economists debates about growth, economic development and the business cycle. Growth theorists will find in it much to stimulate and challenge their thinking. Gary Mongiovi, St John s University, US and Co-Editor, Review of Political Economy The pillar upon which this magnificent must-read volume was erected is strategic competition, a theory that cogently authenticates the concentration and centralization of capital. This stands in stark contrast against the fanciful neoclassical perfect completion and its methodological double, imperfect competition. In Strategic Competition, Dynamics, and the Role of the State, Jamee Moudud has taken a novel approach to the study of macrodynamics. Here turbulence and crisis are deemed inseparable from the dynamics of capitalist economies and the last three decades of neoliberal policies are eloquently called into question. Moudud also provides a timely and effective critique of both new Keynesian and post-Keynesian approaches to macroeconomic theory and policy. Cyrus Bina, University of Minnesota (Morris Campus), US and an Editor of the Journal of Critical Studies on Business and Society The current economic crisis has thrown into disrepute the representative agent models at the forefront of the microfoundations agenda. Jamee Moudud takes a different approach, going back to first principles to re-establish the theory of the firm and the nature of market competition. The result is an important addition to two ongoing quests in macroeconomics: integrating the principle of effective demand into long run macrodynamics; and relating aggregate outcomes to firm behaviour and the functioning of markets. Mark Setterfield, Trinity College, US This is a very timely, refreshing and challenging book, an excellent contribution in the areas of competition and growth. It blends beautifully the microeconomic analysis of the Oxford Research Group, at the center of which is the idea of strategic competition; and an extension of Harrod s work on growth. The discussions of uncertainly and excess capacity, and the interpretation of Harrod s work are outstanding. This combination leads one to think about policy issues such as taxation or public investment in a novel way, as the implications differ not only from those that derive from neoclassical models, but also from Post-Keynesi
Download or read book Competitive Problems in the Drug Industry written by United States. Congress. Senate. Select Committee on Small Business. Committee on Monopoly and published by . This book was released on 1967 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:
