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Routledge The Revival: The Megacorp and Oligopoly Book

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Description

Explore a foundational text in economic theory with The Revival: The Megacorp and Oligopoly by Routledge. Originally published in 1976, this work offers a deep look into the inflation issues that have impacted Western economic policy since the end of World War II. By focusing on the megacorp - the large corporation that defines the twentieth century - this book presents a micro-economic model that challenges standard economic analysis. Instead of following the traditional assumption that firms have no control over prices, this text examines the power of the large corporation to change how we understand market dynamics. It provides a micro-economic theory designed to address the Walrasian strain within Keynesian models, offering a different perspective on how macro dynamics are shaped by micro foundations. This Routledge Revival edition is an essential resource for students and professionals studying economic policy, development, and the evolution of corporate influence in global markets.

Key Features

Analyzes the causes of inflation that have affected Western economic policy since the end of World War II.

Provides a micro-economic theory intended to address the Walrasian strain found in traditional Keynesian models.

Focuses on the megacorp, or large corporation, as the representative business firm of the twentieth century.

Reverses standard economic assumptions by examining firms that maintain control over their prices.

Offers a detailed look at the micro foundations that drive broader macro economic dynamics.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
13 July 2017
Listed Since
02 July 2017

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