The Problem of Production

The Problem of Production
Author: Per L Bylund
Publisher: Routledge
Total Pages: 225
Release: 2015-12-22
Genre: Business & Economics
ISBN: 1317217802

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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.