Gardiner C. Means, Institutionalist and Post KeynesianM.E. Sharpe, 1990 - 197 Seiten 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. |
Inhalt
Introduction | 3 |
2 The Problem of Interpretation | 6 |
3 A Precis of Meanss Career | 7 |
4 Meanss General Perspective | 8 |
The Modern Corporation Property and Power | 15 |
2 The Corporation | 17 |
3 Concentration and Size | 19 |
4 Dispersion of Stock Ownership | 20 |
The Reception of Meanss Work and the Relation of His Work to That of Others | 95 |
2 Meanss Dissertation | 96 |
3 Facts Paradigms Ideology and Discourse | 98 |
4 Already and Newly Established Fields | 99 |
5 Aspects of Filtration | 100 |
6 A Man of One Idea | 105 |
7 Recollections of Early Perceptions | 106 |
8 The Status of Meanss Work | 116 |
5 Separation of Ownership and Control | 22 |
b Profit Maximization | 26 |
c The Separation of Ownership and Control | 31 |
The Economy as a System of Power | 39 |
Collectivized | 43 |
8 The Economy as a System of Power | 46 |
9 The Corporation as Private Government | 50 |
A New Microeconomics | 55 |
2 The Price Adjustment Process | 63 |
3 The Theory of the Firm in Relation to the Market | 67 |
The Macroeconomic Consequences of Administered Prices | 77 |
2 Administered Pricing and Inflation | 80 |
3 Means in Relation to Keynes | 84 |
4 Accounting for the Cost of Idle or Excess Capacity | 91 |
a A General Mosaic | 117 |
b Random Surveys of Several Fields within Economics | 122 |
ii Intermediate Microeconomics | 124 |
iii Intermediate Macroeconomics | 127 |
iv The Corporation and Corporate Power | 130 |
9 The Sociology of Academic Opportunity | 136 |
10 Means as an Outsider | 142 |
Gardiner C Means in the History of Economic Thought A Preliminary Assessment | 145 |
Notes | 161 |
| 175 | |
| 181 | |
| 195 | |
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Häufige Begriffe und Wortgruppen
adminis administered prices American economy analysis argued argument assumption behavior Berle and Means capital changes chapter Chicago Coase competition corporate revolution corporate system Corporation and Private Costs of Idle critical decision dispersion of stock dissertation dominant dual economy economic theory economic thought emphasized employment enterprise equity owners example fact firm flexible fundamental Gardiner Means George Stigler heterodox ideology idle capacity important individual inflation institutional Institutional economists institutionalist interests interpretation investment Jerry Cohen Katz and Robbins Keynes large corporations macroeconomic mainstream managerial markup Means to Jerry Means's ideas Modern Corporation neoclassical economics neoclassical price theory neoclassicized nomic oligopoly operate organization orthodox ownership and control paradigm perhaps price mechanism price theory Private Property production profit maximization question reality Say's Law sector separation of ownership September 1987 stagflation Stigler stock ownership stockholders structure system of power theoretical theorists thesis tion traditional wage Walrasian Ware