Frank Machovec

Perfect Competition and the Transformation of Economics (eBook, ePUB)

• Format: ePub

Produktbeschreibung

Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 408
• Erscheinungstermin: 4. Mai 1995
• Englisch
• ISBN-13: 9781134820221
• Artikelnr.: 47889054

Autorenporträt

Frank Machovec

Inhaltsangabe

List of figures
Preface
1 INTRODUCTION AND OVERVIEW
2 STATEMENT OF THE PROBLEM
3 THE MAGNETIC LURE OF MARKET SOCIALISM
4 COMPETITION AND ENTREPRENEURSHIP IN CLASSICAL POLITICAL ECONOMY
5 UNCERTAINTY AND ENTREPRENEURSHIP IN CLASSICAL POLITICAL ECONOMY
6 THE PERFECTLY COMPETITIVE MODEL: EVOLUTION OR REVOLUTION?
7 COMPETITION AND THE LAW
8 EVOLUTION VERSUS REVOLUTION: THE CONVENTIONAL WISDOM
9 ALFRED MARSHALL
INCREASING RETURNS
AND COMPETITION
10 PERFECT COMPETITION: ASCENDANCE AND IMPACT ON HABITS OF THOUGHT
11 STYLIZED ASSESSMENT OF GAIN VERSUS PAIN
12 SUMMARY AND CONCLUSIONS
Notes
Bibliography
Name index
Subject index