A Market Process Theory of the Firm
A Market Process Theory of the Firm

Author: Mateusz Machaj

Publisher: Routledge

Published: 2021-07-14

Total Pages: 164

ISBN-13: 1000412849

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Neoclassical economics has been criticized from various angles by orthodox schools. The same can be said about its particular branch: the theory of the firm. This book demonstrates how a successful theory of the firm can be presented without flawed notions of a neoclassical framework and used to comprehend actual business history. The author argues that we should start from the assumption that businesses are inevitably imponderable, as that is their nature, in the process of economic evolution. The book offers an in-depth exploration of neoclassical limitations by examining each of the small details associated with the famous MR = MC rule. It follows a step-by-step approach, which starts off with neoclassical assumptions and then moves into more empirically sound theory, based on modeling logic and rooted in real world examples. The author presents a novel discussion on the size of the firm, both in terms of classifying a firm’s expansion and about the factors that limit the size of the firm and argues how formal pricing theory can be built using more indeterminate assumptions about firms. Further, there is a discussion on how firms are rooted in amorphous industries, which helps to explain economic progress better by emphasizing the importance of economic experiments, mistakes and bankruptcies. This is a valuable reference for scholars and researchers who are interested in a range of topics from microeconomics, through pricing theory to industrial organization, history of economic thought and managerial economics.

The Complete Poems of A. R. Ammons: Volume 1 1955-1977
The Complete Poems of A. R. Ammons: Volume 1 1955-1977

Author: A. R. Ammons

Publisher: W. W. Norton & Company

Published: 2018-12-18

Total Pages: 1739

ISBN-13: 1324003855

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“One of the great American poets . . . he sounds like nobody else.”—Helen Vendler “So I said I am Ezra / and the wind whipped my throat / gaming for the sounds of my voice. . . .” So begins one of the most remarkable oeuvres in the history of American poetry. The Complete Poems of A. R. Ammons, Volume I presents the first half of Archie Randolph Ammons’s long career, including the complete texts of his three book-length poems from that period: the verse diary Tape for the Turn of the Year, the Bollingen Prize–winning Sphere: The Form of a Motion, and the daring kaleidoscope of The Snow Poems, which late in life Ammons said of all his long poems was his favorite. Here are many of Ammons’s most widely celebrated lyrics and meditations, including “Corsons Inlet,” “Still,” “Gravelly Run,” and “The City Limits.” Others are more directly inspired by his roots in the rural south, among them “Nelly Myers,” “Silver,” and “Mule Song.” Here too are conversations with mountains (as in “Classic” and “Mountain Talk”) and exchanges with the wind (“The Wide Land” and “Mansion”), materialist explanations of reality (“Mechanism” and “Catalyst”) and prayers (such as the several poems titled “Hymn”). A poet drawn to theorizing about poetry, Ammons offers both sophisticated discussions of the art (as in “Poetics” and “Essay on Poetics”) and disarming assurance: “I believe in fun.” The text of each poem has been established after careful consideration of Ammons’s manuscripts and other prepublication materials. Endnotes detail the poems’ composition and publication histories, and also helpfully annotate references made within the poems. This volume confirms Richard Howard’s judgment: “Here was a great poet, surely one of the largest to speak among us.”