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The Megacorp and Macrodynamics - Essays in Memory of Alfred Eichner (Hardcover, New)
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The Megacorp and Macrodynamics - Essays in Memory of Alfred Eichner (Hardcover, New)
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These essays on Post-Keynesian economics were written expressly for
a volume to honour the life and work of Alfred Eichner. The
original countributions - that critically examine and extend ideas
in Eichner's "The Macrodynamics of Advanced Market Economies" are
organized in seven sections that correspond to areas of economics
in which Eichner made a significant contribution. Part 1 deals with
the megacorp, a theory of firm pricing and investment that was one
of Eichner's most important contributions. Issues of productivity
and technical change, that lie at the center of Eichner's
macrodynamic model, are the focus of part 1 and parts 3 and 4
elaborate on Eichner's work on growth and money and yield insights
into the theoretical disagreements among the Post-Keynesians
themselves. Part 5 presents a number of examples of
non-neo-classical model building. Part 6 opens with a critique of
the "new economic history" that leads to other essays on thorny
methodological issues confronting Post-Keynesians. Part 7 gives a
European perspective on North American Post-Keynesian economics.
The essays reveal the relationships between Eichner's work and
Institutionalist and Marxian economics. At the same time, the book
raises current theoretical conflicts among these groups as well as
among Post-Keynesians themselves. This book compliments Alfred
S.Eichner's "The Macrodynamics of Advanced Market Economies", also
published in 1991, and is appropriate for scholars and upper-level
undergraduates and graduate students.
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