1st Edition

The Stationary Economy

By J. E. Meade Copyright 1965
236 Pages
by Routledge

236 Pages
by Routledge

238 Pages
by Routledge

J. E. Meade is among the most distinguished of contemporary economists, noted for his contributions to economic theory and policy. This volume presents a series of models of economic systems, each built on greatly simplified assumptions about human motives, technology, and social institutions, and undertakes in each case a series of exercises to examine the links of causal relationship in each... Read more
Introduction; I: Ten Assumptions; II: Consumers’ Choice; III: The Market for Consumption Goods; IV: The Terms of Trade; V: Constant Costs; VI: Increasing Costs (i) Comparative Advantages; VII: Increasing Costs (ii) A Fixed Factor; VIII: Increasing Costs (iii) Differences in Factor Proportions; IX: Many Factors and Many Products; X: Changes in Technical Knowledge and in Factor Supplies; XI: Fixed Technical Co-Efficients; XII: Economic Efficiency and the Distribution of Income; XIII: The Centrally Planned Economy (i) the Organization of Consumption; XIV: The Centrally Planned Economy (ii) the Organization of Production; XV: The Centrally Planned Economy (iii) The Deployment of Labour—Conclusion

Biography

J. E. Meade