This paper examines and develops the firm-centered price theory of Post Keynesian economics. It takes issue with the traditional interpretation of that theory, arguing that although its prices are cost-based, they are not cost-determined. The distinctiveness and significance of the theory are...

This is the first of two volumes celebrating Keynes's contribution to economics, and the development of post Keynesian economics in recent years. It reinstates the importance of Keynesian economics and its revival since the end of the 1980s, and the book's authoritative chapters are presented by...

The focus of this essay is the treatment of the firm in neoclassical economics and, in particular, the possibility of such a treatment. Its critical result is the impossibility of introducing the firm into neoclassical thought and thus the necessity of transcending the confines of this thought...

This paper shifts the focus of discussion on the 2008 financial crisis from the problems of the financial sector to its effects on the real economy. We step back from the immediate facts of the crisis to consider the reason for finance and its importance in firm innovation, both theoretically...

This paper discusses the life and work of Josef Steindl. It examines the development of his thought from his early writings on firm size and industrial concentration to his late work on the post-war problems of capitalist economies. Special attention is given to his seminal work on the Great...

This paper discusses the life and work of Josef Steindl. It examines the development of his thought from his early writings on firm size and industrial concentration to his late work on the post-war problems of capitalist economies. Special attention is given to his seminal work on the Great...