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Greed or Competitive Firms?

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Greed
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Abstract

In mid-July 2008, an editorial in the Australian Financial Review complained that ‘new outbreaks of uncertainty continue to occur, undermining confidence that things can return to normal… soon’.1

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References

  1. eg Buiter, W. ‘The lucky nine’,FT October 22 2008,p. 10.

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  2. King, cited in C. Giles ‘Red Book reforms’, FT September 12 2008, p. 2.

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  3. Cited in D. Bassanese ‘Strange that Greenspan forgot past’, AFR October 27 2008, pp. 21, 23.

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  4. Schumpeter, J. 1954 History of Economic Analysis, New York: Oxford University Press, p. 318.

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  5. Minsky, H. P. 1985 ‘The Financial Instability Hypothesis: A Restatement’ in P. Arestis & T. Skouras (eds) Post Keynesian Economic Theory, Sussex: Wheatsheaf Books, p. 79.

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  6. Minsky H. P. 1996 ‘The Essential characteristics of Post Keynesian Economics’ in G. Deleplace & E. Nell (eds) Money in Motion, London: Macmillan, pp. 74, 83.

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  7. emphasised by Ingham, G. 2004 The Nature of Money, Cambridge: Polity Press, pp. 140–1.

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  8. Paniç M. 2003 Globalization and National Economic Welfare, Houndmills: Palgrave Macmillan, p. 243.

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  9. Williamson, O.E. 1991, ‘The Logic of Economic Organization’ in Williamson & Winter (eds) The Nature of the Firm, New York: Oxford University Press.

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© 2009 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Pixley, J. (2009). Greed or Competitive Firms?. In: Brassey, A., Barber, S. (eds) Greed. Palgrave Macmillan, London. https://doi.org/10.1057/9780230246157_4

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