Post Keynesian Theories of the Firm is popular PDF and ePub book, written by Nobantu L. Mbeki in 2023-04-07, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Post Keynesian Theories of the Firm can be Read Online from any device for your convenience.
Post Keynesian Theories of the Firm Book PDF Summary
Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.
Detail Book of Post Keynesian Theories of the Firm PDF
- Author : Nobantu L. Mbeki
- Release : 07 April 2023
- Publisher : Taylor & Francis
- ISBN : 9781000875638
- Genre : Business & Economics
- Total Page : 427 pages
- Language : English
- PDF File Size : 10,7 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Post Keynesian Theories of the Firm by Nobantu L. Mbeki, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.