Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics (1981)
Explore the insightful analysis of economic dynamics in “Revival: The Megacorp and Oligopoly: Micro Foundations of Macro Dynamics” by Alfred S. Eicher. Published by Taylor & Francis Ltd in 2017, this engaging hardback edition spans 380 pages and offers a profound understanding of inflation and its impact on Western economic policy since World War II.
Eicher presents a compelling micro-economic theory aimed at refining Keynesian models by eliminating the Walrasian influences rooted in Marshall's Principles. This comprehensive exploration is essential for anyone interested in the intricacies of macroeconomic dynamics and the role of megacorps and oligopolies in shaping modern economies.
Whether you are a student, economist, or a curious reader, this book is an essential addition to your library, providing both historical context and forward-looking insights into economic theory.