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Author: Martin J. Ricketts
Publisher: Edward Elgar Publishing
Published: 2008
Total Pages: 592
ISBN-13:
DOWNLOAD EBOOKFocuses upon the historical development of the transaction cost view of the firm. It comprises the most influential papers in the field. The three volumes address graduate students of business economics.
Author: Martin Ricketts
Publisher: Edward Elgar Publishing
Published: 2019
Total Pages: 680
ISBN-13: 1785360930
DOWNLOAD EBOOKThis new edition of The Economics of Business Enterprise provides a comprehensive survey of the theory of the firm from the perspective of New Institutional Economics. It continues to emphasise the role of the entrepreneur within the firm and the emergence of institutional responses to rent seeking. Neoclassical, Transactions Cost, Austrian, Public Choice and Property Rights perspectives are contrasted and used to analyse private governance arrangements, contemporary developments in organisational form such as ‘the sharing economy’ and the regulatory framework.
Author: Thorstein Veblen
Publisher: DigiCat
Published: 2022-11-13
Total Pages: 242
ISBN-13:
DOWNLOAD EBOOKThe Theory of Business Enterprise is a political economy book that looks at the growing corporate domination of culture and the economy. At its heart The Theory of Business Enterprise is an analysis of two intertwined but clashing motivations; that of business and that of industry. Business is the making of profits. Industry is the making of goods. "The captains of industry" curtailed production in order to keep prices and profits high. The worst fears of businessmen was a "free run of production" which would essentially collapse all profits. In this book, which was published in 1904 during the height of American concern with the growth of business combinations and trusts, Veblen employed his evolutionary analysis to explain these new forms. He saw them as a consequence of the growth of industrial processes in a context of small business firms that had evolved earlier to organize craft production. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.
Author: Thorstein Veblen
Publisher: Good Press
Published: 2024-01-10
Total Pages: 243
ISBN-13:
DOWNLOAD EBOOKThorstein Veblen's 'The Theory of Business Enterprise' delves deep into the nature, causes, utility, and drift of business enterprise. Written with a critical and satirical tone, Veblen dissects the capitalist system and explores the relationship between business practices, technological advancements, and societal norms. The book is a masterpiece of economic literature, blending economic theory with social commentary to provide a comprehensive analysis of the workings of modern business. Veblen's writing style is engaging and thought-provoking, making it a must-read for anyone interested in economics and sociology. This work is a seminal contribution to the field of economic theory, challenging traditional views on business and offering a unique perspective on the evolution of modern capitalism. Thorstein Veblen, a renowned economist and social critic, brings his expertise and insight to 'The Theory of Business Enterprise'. His background in economics and sociology provides a solid foundation for his critiques of business practices and societal structures. Veblen's keen observations and sharp wit make this book a compelling read for scholars and general readers alike. I highly recommend 'The Theory of Business Enterprise' to anyone looking to deepen their understanding of economic systems and their impact on society.
Author: Martin J. Ricketts
Publisher: Edward Elgar Publishing
Published: 2008
Total Pages: 606
ISBN-13: 9781840649024
DOWNLOAD EBOOKFocuses upon the historical development of the transaction cost view of the firm. It comprises the most influential papers in the field. The three volumes address graduate students of business economics.
Author: Thorstein Veblen
Publisher: e-artnow
Published: 2017-08-07
Total Pages: 233
ISBN-13: 802720058X
DOWNLOAD EBOOKThis eBook edition of "The Theory of Business Enterprise" has been formatted to the highest digital standards and adjusted for readability on all devices. The Theory of Business Enterprise is a political economy book that looks at the growing corporate domination of culture and the economy. At its heart The Theory of Business Enterprise is an analysis of two intertwined but clashing motivations; that of business and that of industry. Business is the making of profits. Industry is the making of goods. "The captains of industry" curtailed production in order to keep prices and profits high. The worst fears of businessmen was a "free run of production" which would essentially collapse all profits. In this book, which was published in 1904 during the height of American concern with the growth of business combinations and trusts, Veblen employed his evolutionary analysis to explain these new forms. He saw them as a consequence of the growth of industrial processes in a context of small business firms that had evolved earlier to organize craft production. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.
Author: Peter Temin
Publisher: University of Chicago Press
Published: 2008-04-15
Total Pages: 272
ISBN-13: 0226792056
DOWNLOAD EBOOKHow do business enterprises control their subunits? In what ways do existing paths of communication within a firm affect its ability to absorb new technology and techniques? How do American banks affect how companies operate? Do theoretical constructs correspond to actual behavior? Because business enterprises are complex institutions, these questions can prove difficult to address. All too often, firms are treated as the atoms of economics, the irreducible unit of analysis. This accessible volume, suitable for course use, looks more closely at the American firm—into its internal workings and its genesis in the Gilded Age. Focusing on the crucial role of imperfect and asymmetric information in the operation of enterprises, Inside the Business Enterprise forges an innovative link between modern economic theory and recent business history.
Author: Martin Ricketts
Publisher:
Published: 2008
Total Pages:
ISBN-13:
DOWNLOAD EBOOKFocuses upon the historical development of the transaction cost view of the firm. It comprises the most influential papers in the field. The three volumes address graduate students of business economics.
Author: Martin J. Ricketts
Publisher: Prentice Hall Europe
Published: 1994
Total Pages: 408
ISBN-13:
DOWNLOAD EBOOKDiscusses business enterprise and exchange, describing how transaction cost theory affects the view of business enterprise. The overall theme is one of the problem of information and transactional difficulties in the business setting, with reference to analytical tools such as the Edgeworth box.
Author: Martin Ricketts
Publisher:
Published: 2019-01-25
Total Pages: 680
ISBN-13: 9781785360923
DOWNLOAD EBOOKIn its Fourth Edition, this textbook explores how economic activity is organised from a new institutional economics perspective. Using transactions costs as a continuing theme, the book delivers the necessary skills to understand the evolution of organisational forms and the strengths and weaknesses of different varieties of private and public governance.The importance of entrepreneurship is emphasised throughout. Public policy concerning competition, regulation and the public utilities is used to illustrate the involvement of subjective judgements about transactions costs in all types of organisational choice.Key features of the Fourth Edition: * Using impartial analysis, Martin Ricketts evaluates business enterprise through Neoclassical, Austrian and Evolutionary economics, allowing students to learn the strengths and weaknesses of each methodological perspective* Using a clear conceptual framework, the author explains principal-agent theory and the transactions costs paradigm in detail* The chapters are designed around a set of classic papers, giving students an understanding of the historical development of the discipline* Updated examples emphasise the applicability to different technological circumstances and the dynamic nature of studying economic organisation* Additional examples are included for teachers to further discussion or create extended seminar work. A key resource for advanced undergraduate courses or an excellent introductory text at graduate level, this Fourth Edition will provide students of economics, business and political economy with a greater awareness of how business enterprises operate and adapt in response to technological change and competition.
