The Corporation as Anomaly (Hardcover) (ISBN-13: 9780521412414)

The marginalist theory of the corporation or firm, whose characteristics were formally developed in the 1930s, represents a major change in the development of traditional economic theory. In this book, David Schrader, a philosopher of economics, discusses the rise of the marginalist conception of the firm in the context of economic thought over the past two centuries, and explains why economists continue to defend a theory with demonstrable shortcomings: the marginalist view of the firm retains its support not through any comparative advantage in empirical or predictive power, but by virtue of its being a part of the predominant marginalist economic program.

Author: David E. Schrader
ISBN-10: 0521412412
ISBN-13: 9780521412414
Publisher: Cambridge University Press
Language: English
Published: 01/29/1993
Pages: 218
Format: Hardcover
Weight: 0.95lbs
Size: 9.32h x 6.31w x 0.82d