Frederic Lee sets out the foundations of a post-Keynesian price
theory through developing an empirically grounded production
schema. The administered, normal cost and mark-up price doctrines
are explained in parts I-III of the book, as many of their
theoretical arguments are important for developing the foundations.
This involves discussing the work of Gardiner Means, Philip
Andrews, and Michal Kalecki as well as the developers of the
doctrines, such as Edwin Nourse, Paolo Sylos Labini, Harry Edwards,
Josef Steindl and Alfred Eisner. Drawing upon the arguments and
formal modelling offered by the doctrines, in conjunction with
empirical evidence from one hundred studies on pricing and
production, Dr Lee develops an empirically grounded pricing model
and production schema. He argues that the model and the schema
together constitute the foundations for post-Keynesian price
theory.
General
Imprint: |
Cambridge UniversityPress
|
Country of origin: |
United Kingdom |
Series: |
Modern Cambridge Economics Series |
Release date: |
November 2006 |
First published: |
1998 |
Authors: |
Frederic S. Lee
|
Dimensions: |
228 x 152 x 18mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
292 |
Edition: |
Revised |
ISBN-13: |
978-0-521-03021-2 |
Categories: |
Books >
Business & Economics >
Economics >
Economic theory & philosophy
|
LSN: |
0-521-03021-8 |
Barcode: |
9780521030212 |
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