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Paperback The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics Book

ISBN: 0521068614

ISBN13: 9780521068611

The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics

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Format: Paperback

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Book Overview

This book provides both an explanation of the inflation which has bedeviled economic policy in the West since the end of World War II and a micro-economic theory to purge Keynesian models of the Walrasian strain derived from Marshall's Principles. By focusing on what is taken to be the representative business firm of the twentieth century - the large corporation or megacorp - the microeconomic model presented in the book reverses the usual assumptions...

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