Wednesday, December 25, 2013

Post Keynesian Price Theory 101

Below is a list of links on my blog to posts on Post Keynesian price theory, with critiques of Austrian price theory as well.

(1) Post Keynesian Price Theory
“Frederic Lee on Real World Prices,” November 29, 2013.

“Downwards Rigidity of Prices and Mark-up Pricing,” November 22, 2013.

“Price, Average Total Cost, Average Variable Cost and Marginal Cost,” November 28, 2013.

“Marginalism versus Post Keynesianism on Mark-up Pricing,” November 23, 2013.

“Downward and Lee on Blinder’s Asking about Prices,” November 17, 2013.

“Lavoie on Mark-up Pricing in Neoclassical Theory,” November 3, 2013.

“Lee’s Post Keynesian Price Theory: Chapter by Chapter Summaries,” October 27, 2013.
(1) “Lee’s Post Keynesian Price Theory: Chapter 1,” July 6, 2013.

(2) “Lee’s Post Keynesian Price Theory: Chapter 2,” August 15, 2013.

(3) “Lee’s Post Keynesian Price Theory: Chapter 3,” August 16, 2013.

(4) “Lee’s Post Keynesian Price Theory: Chapter 4,” August 17, 2013.

(5) “Lee’s Post Keynesian Price Theory: Chapter 5,” August 19, 2013.

(6) “Lee’s Post Keynesian Price Theory: Chapter 6,” October 6, 2013.

(7) “Lee’s Post Keynesian Price Theory: Chapters 7, 8 and 9,” October 24, 2013.

(8) “Lee’s Post Keynesian Price Theory: Chapter 10,” October 25, 2013.

(9) “Lee’s Post Keynesian Price Theory: Chapter 11,” October 26, 2013.

(10) “Lee’s Post Keynesian Price Theory: Chapter 12,” October 27, 2013.
“Lee on Post Keynesian Price Theory in The Oxford Handbook of Post-Keynesian Economics,” October 15, 2013.

“Lavoie on Administered Prices,” October 7, 2013.

“More on Prices in the Real World,” July 31, 2012.

“Price Rigidity in New Keynesianism and Post Keynesianism,” June 30, 2012.

“Kaldor on Economics without Equilibrium,” March 9, 2013.

“E. K. Hunt on Equilibrium Prices in Neoclassical Economics,” December 13, 2012.

(2) Empirical Evidence on Administered Prices
“Some More Empirical Evidence on Full Cost Pricing,” December 10, 2013.

“Mark-up Pricing in New Zealand,” November 30, 2013.

“Mark-up Pricing in Australia,” November 30, 2013.

“Mark-up Pricing in Japan,” November 29, 2013.

“Mark-up Prices in Iceland,” November 25, 2013.

“Mark-up Pricing in Norway,” November 23, 2013.

“Mark-up Pricing in Ireland,” November 22, 2013.

“Two Marketing Studies on US Administered Prices,” November 16, 2013.

“Hall and Hitch on Marginal Cost and Price,” November 4, 2013.

“Administered Pricing in the United Kingdom,” October 19, 2013.

“Administered Prices in the Eurozone: Some Empirical Data,” October 16, 2013.

“Gardiner Means on Administered Prices,” June 20, 2013.

“Early Literature on Administered Pricing,” May 8, 2013.

(3) John Kenneth Galbraith on Prices
“John Kenneth Galbraith on Price Controls,” December 11, 2013.

“John Kenneth Galbraith on Administered Prices,” June 25, 2013.

(4) Against the Austrian Theory of Prices
“Lachmann and Post Keynesianism on Prices,” August 1, 2012.

“Caldwell on Lachmann on Equilibrium Prices,” November 6, 2012.

“Mises versus Lachmann on Equilibrium Prices,” December 17, 2012.

“Hayek on ‘The Flow of Goods and Services,’” March 20, 2013.

“Kirzner on Hayek on Prices,” May 22, 2013.

“Salerno on Market-Clearing Prices in Austrian Theory,” June 21, 2013.

“William Hutt’s Fantasy World Economics,” October 3, 2013.

“When Austrians Throw Reality to the Wind,” October 11, 2013.

“Do Modern Austrians ever Read Lachmann?,” October 13, 2013.

“Rothbard’s Clueless Statements on Costs of Production and Price,” November 7, 2013.

“Vulgar Austrians do not Understand Austrian Price Theory,” November 7, 2013.

“Böhm-Bawerk had No Theory of Administered Prices,” November 10, 2013.

“A Bibliography on Austrian Price Theory,” November 15, 2013.

“Mises on Market Clearing Prices and Demand Curves: A Critique,” November 26, 2013.

“Mises on the Prices of Factor Inputs: A Critique,” November 27, 2013.

“Why Hayek’s Theory of Prices and Knowledge is Flawed,” November 30, 2013.

“Mises on Marginal Cost: A Critique,” December 3, 2013.

“Reality Refutes Mises on Costs and Prices,” December 9, 2013.

“Administered Prices Discredit the Austrian Economic Theories of Mises,” December 10, 2013.

1 comment:

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