Post Keynesian Price Theory (Modern Cambridge Economics Series)

✍ Scribed by Frederic S. Lee

• Publisher: Cambridge University Press
• Year: 2006
• Tongue: English
• Leaves: 290
• Category: Library

✦ Synopsis

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

Contents......Page 6
List of figures and tables......Page 8
Acknowledgments......Page 9
Introduction......Page 10
Part I The doctrine of administered prices......Page 26
1 The origin of the doctrine of administered prices: from the modern corporation to industrial prices......Page 28
2 Gardiner Means' doctrine of administered prices......Page 53
3 Developments in the doctrine of administered prices......Page 76
Part II The doctrine of normal cost prices......Page 90
4 The origin of the doctrine of normal cost prices: the Oxford Economists' Research Group and full cost pricing......Page 92
5 Philip Andrews' theory of competitive oligopoly......Page 109
6 Developments in the doctrine of normal cost prices......Page 126
Part III The doctrine of mark up prices......Page 150
7 The origin of the doctrine of mark up prices: Michal Kalecki's microanalysis......Page 152
8 Kalecki's microanalysis and the war years......Page 162
9 Kalecki and the Cambridge contributions......Page 174
10 Josef Steindl and the stagnation thesis......Page 195
Part IV The grounded pricing foundation of Post Keynesian price theory......Page 208
11 Pricing and prices......Page 210
12 The pricing model, the grounded pricing foundation, and Post Keynesian price theory......Page 228
Appendix A Studies on cost accounting and costing practices......Page 241
Appendix B Studies on pricing......Page 244
Bibliography......Page 250
C......Page 284
E......Page 285
I......Page 286
M......Page 287
P......Page 288
S......Page 289
Y......Page 290