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The economic theory of costs : foundations and new directions

Author: Matthew McCaffrey
Publisher: Abingdon, Oxon ; New York, NY : Routledge, an imprint of the Taylor & Francis Group, 2018.
Series: Routledge frontiers of political economy, 236.
Edition/Format:   Print book : EnglishView all editions and formats
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Document Type: Book
All Authors / Contributors: Matthew McCaffrey
ISBN: 9781138670938 1138670936
OCLC Number: 1000150446
Description: xiv, 270 pages ; 24 cm.
Contents: Introduction: the economic theory of costs in perspective / Matthew McCaffrey --
Part 1. Cost and choice --
Contemporary debates on opportunity cost theory and pedagogy / Jonathan Newman --
The "income effect" in causal-realist price theory / Joseph T. Salerno --
Part 2. The evolution of causal-realist production theory --
From Marshallian partial equilibrium to Austrian general equilibrium: the evolution of Rothbard's production theory / Patrick Newman --
Man, economy, and state, original chapter 5: producer's activity / Murray N. Rothbard --
Part 3. Risk, uncertainty, and cost --
The myth of the risk premium / Jörg Guido Hülsmann --
Time and the theory of cost / Jeffrey M. Herbener --
Part 4. Causal-realist price theory: debate and synthesis --
Monopsony theory revisited / Xavier Méra --
Costs and pricing: an Austro-Post-Keynesian synthesis? / Mateusz Machaj --
Part 5. Economic organization, entrepreneurship, and the firm --
Austrian economics and transaction cost economics: notes on a doubtful compatibility / Mihai-Vladimir Topan --
Management is what's wrong with socialism: cost at the expense of value / Per L. Bylund --
Economic calculation and the limits of social entrepreneurship / Matthew McCaffrey.
Series Title: Routledge frontiers of political economy, 236.
Responsibility: edited by Matthew McCaffrey.

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