The Problem of Production: A new theory of the firm

1st Edition

Per L. Bylund

Routledge
Published October 23, 2017
Reference - 186 Pages
ISBN 9781138299979 - CAT# Y365659
Series: Routledge Advances in Heterodox Economics

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Summary

The theory of the firm has been fertile ground for economists. Bylund proposes a new theory, rooted in Austrian economics, which examines the firm as a part of the market, and not as a free-standing entity. In this integrated view, a theory is offered which incorporates entrepreneurship, production, market process and economic development.

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