01594 a2200265 4500 1315490838 20250317111611.0 250312042019GB eng 9781315490830 Taylor & Francis GBP 42.99 BB 01 eng KCA thema KCA bic BUS000000 bisac BUS069000 bisac 330.1092 bisac Warren J. Samuels Gardiner C.Mean's Institutional and Post-Keynesian Economics An Interpretation and Assessment 1 Oxford Routledge 20190726 274 p Gardiner Means has a secure place in the history of 20th century economic thought, as the co-author with A.A.Berle of "The Modern Corporation and Private Property". But according to Samuels and Medema, Means should be remembered for major contributions in both micro- and macroeconomics. The authors discuss Means's ideas of administered pricing and profit maximization within the giant corporation, the possible links between industrial structure and macroeconomic performance, a theory of the firm as it relates to the market, and the micro foundations of macroeconomics. Central to Means's macroeconomics is his theory that administered pricing generates inflation and stagflation. Means, in the authors' view, was a seminal thinker and a post-Keynesian economist, as well as an institutionalist. This book also gives an precis of Means's unusual career in government and the academy. Steven G. Medema A01 4952 4952