Efficiency Criteria for Nationalised Industries (Routledge Revivals)
This book is concerned with what appeared to be perverse decisions and illogical criteria in British nationalised industries. It focuses on the misleading effects of modern micro-economics on the minds of intelligent, and leads to some reassessment of what this branch of economics ought to be doing.
Table of Contents
1. Diagnosis 2. Micro-economics and the Real WorId 3. The Argument applied to Eastern Europe 4. The Relation of Theory to Practice 5. Pricing and Investment Criteria 6. Duty, Purpose, Supervision 7. Theory, Nationalised Industries and Socialism