The case for increasing returns I: ‘The Hicksian Getaway’ and ‘The Hirshleifer Rescue’

The case for increasing returns is accepted by most heterodox economists. Yet allegiance to decreasing returns in orthodox circles still endures directly and in the form of substitution assumptions. In forty short years from 1928 to 1968, beliefs shifted from Pigou calling rising cost ‘inadmissible’...

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Auteur principal: Frederic B. Jennings Jr.
Format: article
Langue:DE
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FR
Publié: Editura ASE Bucuresti 2015
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Accès en ligne:https://doaj.org/article/a53df5b89fb543bd83fc8edcddc5d5b1
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