Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation
By James A. Yunker.
Description
Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation contains important contributions both to general economic theory and to the evaluation of potential market socialist economic systems. As a contribution to economic theory, the general equilibrium model utilized in the research introduces the concept of `capital management effort' as a third primary factor of production (in addition to labor and saving) provided by private households. Capital management effort represents such things as corporate supervision, investment analysis, entrepreneurship, and...
ISBN(s)
940104970X, 9789401049702
