Post Keynesian Price Theory
Author: Frederic S Le
This book sets out the foundations of Post Keynesian price theory. Frederic Lee examines the administered, normal cost and mark up price doctrines associated with Post Keynesian economics; he then draws upon those doctrines and previous empirical studies to develop the pricing and production foundations of the theory. This is the only book that is solely concerned with Post Keynesian price theory and its foundations, and represents a major contributon to the literature of post-Keynesian economics.
Table of Contents:
List of figures and tables | ||
Acknowledgments | ||
Introduction | 1 | |
Pt. I | The doctrine of administered prices | |
1 | The origin of the doctrine of administered prices: from the modern corporation to industrial prices | 19 |
2 | Gardiner Means' doctrine of administered prices | 44 |
3 | Developments in the doctrine of administered prices | 67 |
Pt. II | The doctrine of normal cost prices | |
4 | The origin of the doctrine of normal cost prices: the Oxford Economists' Research Group and full cost pricing | 83 |
5 | Philip Andrews' theory of competitive oligopoly | 100 |
6 | Developments in the doctrine of normal cost prices | 117 |
Pt. III | The doctrine of mark up prices | |
7 | The origin of the doctrine of mark up prices: Michal Kalecki's microanalysis | 143 |
8 | Kalecki's microanalysis and the war years | 153 |
9 | Kalecki and the Cambridge contributions | 165 |
10 | Josef Steindl and the stagnation thesis | 186 |
Pt. IV | The grounded pricing foundation of Post Keynesian price theory | |
11 | Pricing and prices | 201 |
12 | The pricing model, the grounded pricing foundation, and Post Keynesian price theory | 219 |
App. A | Studies on cost accounting and costing practices | 232 |
App. B | Studies on pricing | 235 |
Bibliography | 241 | |
Index | 275 |
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Social Choice: A Framework for Collective Decisions and Individual Judgements
Author: John Craven
This textbook provides a survey of the literature of social choice. It integrates the ethical aspects of the subject (discussing potentially desirable conditions for social judgments), with positive aspects of decision mechanisms that center on the revelation of true preferences. The book draws together the work of a great many papers in a common notation, pointing out interrelations that are often missing in specialist papers.
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