The Fallacy Of Price Fixing
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The Fallacy Of Price Fixing
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Author : George Evan Roberts
language : en
Publisher:
Release Date : 1924
The Fallacy Of Price Fixing written by George Evan Roberts and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1924 with Agriculture categories.
Some Aspects Of The Present Economic Situation
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Author : John Zulauf
language : en
Publisher:
Release Date : 1932
Some Aspects Of The Present Economic Situation written by John Zulauf and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1932 with categories.
Some Aspects Of The Present Economic Situation
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Author : Albert Fancher
language : en
Publisher:
Release Date : 1932
Some Aspects Of The Present Economic Situation written by Albert Fancher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1932 with Canada categories.
Price Fixation By Cooperative Associations
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Author : Dilawar Ali Khan
language : en
Publisher:
Release Date : 1972
Price Fixation By Cooperative Associations written by Dilawar Ali Khan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Agricultural prices categories.
Price Fixing By Governments 424 B C 1926 A D
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Author :
language : en
Publisher:
Release Date : 1926
Price Fixing By Governments 424 B C 1926 A D written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1926 with Prices categories.
The Fallacy Of The Fiscal Theory Of The Price Level
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Author : Willem H. Buiter
language : en
Publisher:
Release Date : 1999
The Fallacy Of The Fiscal Theory Of The Price Level written by Willem H. Buiter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Budget categories.
It is not common for an entire scholarly literature to be based on a fallacy, that is, 'on faulty reasoning; misleading or unsound argument'. The 'fiscal theory of the price level', recently re-developed by Woodford, Cochrane, Sims and others, is an example of a fatally flawed research programme. The source of the fallacy is an economic misspecification. The proponents of the fiscal theory of the price level do not accept the fundamental proposition that the government's intertemporal budget constraint is a constraint on the government's instruments that must be satisfied for all admissible values of the economy-wide endogenous variables. Instead they require it to be satisfied only in equilibrium. This economic misspecification has implications for the mathematical or logical properties of the equilibria supported by models purporting to demonstrate the properties of the fiscal approach. These include: overdetermined (internally inconsistent) equilibria; anomalies like the apparent ability to price things that do not exist; the need for arbitrary restrictions on the exogenous and predetermined variables in the government's budget constraint; and anomalous behaviour of the equilibrium' price sequences, including behaviour that will ultimately violate physical resource constraints. The issue is of more than academic interest. Policy conclusions could be drawn from the fiscal theory of the price level that would be harmful if they influenced the actual behaviour of the fiscal and monetary authorities. The fiscal theory of the price level implies that a government could exogenously fix its real spending, revenue and seigniorage plans, and that the general price level would adjust the real value of its contractual nominal debt obligations so as to ensure government solvency. When reality dawns, the result could be painful fiscal tightening, government default, or unplanned recourse to the inflation tax.
The Antitrust Paradox
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Author : Robert Bork
language : en
Publisher:
Release Date : 2021-02-22
The Antitrust Paradox written by Robert Bork and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-22 with categories.
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Global Price Fixing
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Author : John M. Connor
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-01
Global Price Fixing written by John M. Connor and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-01 with Business & Economics categories.
Some books get written, others write themselves. This book is the latter type. I have devoted myselfto studying the economic organization of industries related to food and agriculture for almost twenty-five years. It has been my good fortune to work at places that tolerated my gadfly approach to research. So long as I produced a few publications each year and wooed a few graduate students to share those interests, I was free to pursue an array of topics: why firms diversifY, the competitive role of advertising, strategies for selling in overseas markets, measuring market power, and many others. Although firmly anchored in the eclectic analytical framework of industrial economics and focused on the food system, I traversed a wide field at will. Some years ago, I had pretty much convinced myself that naked price fixing was not a high priority for scholarship in these industries. True, collusion was rife in a few food industries, such as bid-rigging among suppliers of fluid milk to school districts in isolated rural districts. Ripping off milk money from school children is reprehensible enough, but the size of the economic losses from localized price fixing paled besides other sources of imperfect competition.
Economics In One Lesson
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Author : Henry Hazlitt
language : en
Publisher: Crown Currency
Release Date : 2010-08-11
Economics In One Lesson written by Henry Hazlitt and has been published by Crown Currency this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08-11 with Business & Economics categories.
With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.
Price Fixing By Government In Foreign Countries 1926 1939
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Author : Annie Murray Hannay
language : en
Publisher:
Release Date : 1940
Price Fixing By Government In Foreign Countries 1926 1939 written by Annie Murray Hannay and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1940 with Industrial policy categories.