A critique of orthodox economics : an alternative model

書誌事項

A critique of orthodox economics : an alternative model

Harold Lydall

Macmillan Press , St. Martin's Press, 1998

  • : hard
  • : pbk

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注記

Bibliography: p. 185-186

Includes index

内容説明・目次

巻冊次

: hard ISBN 9780333725412

内容説明

Modern neoclassical economics is a theory of general equilibrium. It is based on highly unrealistic assumptions and yields a number of false predictions. The alternative model, presented in this book, uses a wider definition of technology, and emphasises the role of the entrepreneur as the primary agent of change. Because it takes time for firms to improve their technology, and to acquire the necessary finance for expansion, there are wide differences in firm sizes, and in their profitability. The competitive struggle to develop better technology raises the level of productivity of the whole economy, and leads to higher real incomes.

目次

Preface The Causes of Economic Growth Neoclassical Theory Technology The Entrepreneur The Innovating Firm Product Differentiation Aggregate Analysis The Employment Limit Economic Development The Role of Government Summary: the Case for a New Approach References Index
巻冊次

: pbk ISBN 9780333725429

内容説明

Modern neoclassical economics is a theory of general equilibrium. It is based on highly unrealistic assumptions and yields a number of false predictions. The alternative model, presented in this book, uses a wider definition of technology, and emphasises the role of the entrepreneur as the primary agent of change. Because it takes time for firms to improve their technology, and to acquire the necessary finance for expansion, there are wide differences in firm sizes, and in their profitability. The competitive struggle to develop better technology raises the level of productivity of the whole economy, and leads to higher real incomes.

目次

Preface - The Causes of Economic Growth - Neoclassical Theory - Technology - The Entrepreneur - The Innovating Firm - Product Differentiation - Aggregate Analysis - The Employment Limit - Economic Development - The Role of Government - Summary: the Case for a New Approach - References - Index

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