Gardiner C.Mean's Institutional and Post-Keynesian Economics: An Interpretation and Assessment (Chinese Studies on China)

Gardiner Means's "The Modern Corporation and Private Property" is a groundbreaking work that has secured his place in economic history as a co-author with A.A.

Berle.

However, Samuels and Medema argue that Means's contributions extend beyond micro- and macroeconomics, including his theories of administered pricing, profit maximization, industrial structure, and the micro foundations of macroeconomics.

Central to Means's macroeconomics is his theory that administered pricing generates inflation and stagflation.

This book provides a comprehensive overview of Means's ideas, including his unique career path in government and academia.

With an emphasis on the post-Keynesian and institutionalist perspectives, this summary highlights Means's seminal contributions to economic thought.

Read more about Gardiner Means and his remarkable legacy in economics.