Friday, 25 November 2022

Coase on profit maximisation

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One important, and at times controversial, assumption used in most theories of the firm, including that of Coase, but not discussed by Coase...
Wednesday, 3 August 2022

Latest Blogwatch column 2

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My Blogwatch column from the latest issue ( Issue 72 , December 2021) of the NZAE magazine Asymmetric Information .

Latest Blogwatch column

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My Blogwatch column from the latest issue ( Issue 72 , December 2021) of the NZAE magazine Asymmetric Information .
Monday, 25 July 2022

The Theory of the Firm: An overview of the economic mainstream, Revised edition

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The Theory of the Firm: An ... by Paul Walker
Saturday, 2 April 2022

An update to A good Christmas read

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(Almost) Everything You Wanted To Know About The History of The Theory of Production/the Firm: But Were Afr... by Paul Walker on Scribd
Friday, 21 January 2022

Latest Blogwatch column

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My Blogwatch column from the latest issue ( Issue 71 , August 2021) of the NZAE magazine Asymmetric Information .
Friday, 24 December 2021

A good Christmas read

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(Almost) Everything You Wanted to Know About the History of the Theory of Production/the Firm: But Were Afr... by Paul Walker on Scribd
Sunday, 19 December 2021

The history of the theory of the firm in one diagram: version 2

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Thursday, 2 December 2021

The history of the theory of the firm in one diagram

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Friday, 5 November 2021

The theory of the firm and economic thought

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To me, it appears there is a lack of engagement with the theory of the firm by historians of economic thought. Evidence for this lack of int...
Tuesday, 2 November 2021

Derivation of the word "firm".

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An interesting detail. Spulber (2008: 5, footnote 8) gives the origin of the word 'firm' as "[t]he word "firm" derive...
Monday, 1 November 2021

Coase and profit maximisation

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One assumption not discussed much in the mainstream theory of the firm is that of profit maximisation. Most theories of the firm take it as ...
Friday, 24 September 2021

The relationship between economics and business?

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Given an email discussion I was having with a friend (another economist) recently, I was reminded of something I wrote back in 2012. It seem...
2 comments:
Monday, 2 August 2021

Latest Blogwatch column

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 My Blogwatch column from the latest issue ( Issue 70 , April 2021) of the NZAE magazine Asymmetric Information.
Friday, 9 April 2021

Published!!

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My latest book is finally published!! The publisher's page for the book is here. Foundations of Organisational Economics: Histories an...
1 comment:
Tuesday, 9 March 2021

Latest Blogwatch column

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My Blogwatch column from the latest issue ( Issue 69 , December 2020) of the NZAE magazine Asymmetric Information .
Saturday, 20 February 2021

Latest Blogwatch column

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My Blogwatch column from the latest issue ( Issue 68 , August 2020) of the NZAE magazine Asymmetric Information .
Wednesday, 3 February 2021

Thomas Sowell: Common Sense in a Senseless World

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Thomas Sowell: Common Sense in a Senseless World traces Sowell’s journey from humble beginnings to the Hoover Institution, becoming one of ...
Friday, 15 January 2021

The Theory of the Firm: An Overview of the Economic Mainstream, Revised Edition

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This is a revised edition of Walker (2017). New sections or subsections have been added on the X-inefficiency model, the division of labour ...
Wednesday, 4 November 2020

The antitrust case against Google

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From the Cato Daly Podcast comes this interview in which Geoffrey Manne of the International Center for Law and Economics evaluates the cla...