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Per L. Bylund - The Problem of Production: A new theory of the firm

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Per L. Bylund The Problem of Production: A new theory of the firm
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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.

Per L. Bylund: author's other books


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First published 2016
by Routledge
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN

and by Routledge
711 Third Avenue, New York, NY 10017

Routledge is an imprint of the Taylor & Francis Group, an informa business

2016 Per L. Bylund

The right of Per L. Bylund to be identified as author of this work has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patent Act 1988.

All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.

Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.

British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library

Library of Congress Cataloging in Publication Data
Bylund, Per L. (Per Lennart), author.
The problem of production : a new theory of the firm / Per L. Bylund.
Includes bibliographical references and index.

1. Industrial organization (Economic theory) 2. Production

(Economic theory) I. Title.

HD2326.B95 2016

338.601dc23

2015027669

ISBN: 978-1-8489-3529-7 (hbk)
ISBN: 978-1-315-62072-5 (ebk)

Typeset in Times New Roman
by Wearset Ltd, Boldon, Tyne and Wear

Routledge advances in heterodox economics Edited by Wolfram Elsner University - photo 1
Routledge advances in heterodox economics

Edited by
Wolfram Elsner
University of Bremen
and
Peter Kriesler
University of New South Wales

Over the past two decades, the intellectual agendas of heterodox economists have taken a decidedly pluralist turn. Leading thinkers have begun to move beyond the established paradigms of Austrian, feminist, Institutional- evolutionary, Marxian, Post Keynesian, radical, social, and Sraffian economics opening up new lines of analysis, criticism, and dialogue among dissenting schools of thought. This cross- fertilisation of ideas is creating a new generation of scholarship in which novel combinations of heterodox ideas are being brought to bear on important contemporary and historical problems.

Routledge advances in heterodox economics aims to promote this new scholarship by publishing innovative books in heterodox economic theory, policy, philosophy, intellectual history, institutional history, and pedagogy. Syntheses or critical engagement of two or more heterodox traditions are especially encouraged.

For a complete list of titles in this series, please visit www.routledge.com.

1Ontology and Economics
Tony Lawson and his critics
Edited by Edward Fullbrook
2Currencies, Capital Flows and Crises
A post Keynesian analysis of exchange rate determination
John T. Harvey
3Radical Economics and Labor
Frederic Lee and Jon Bekken
4A History of Heterodox Economics
Challenging the mainstream in the twentieth century
Frederic Lee
5Heterodox Macroeconomics
Edited by Jonathan P. Goldstein and Michael G. Hillard
6The Marginal Productivity Theory of Distribution
A critical history
John Pullen
7Informal Work in Developed Nations
Edited by Enrico A. Marcelli, Colin C. Williams and Pascale Jossart
8The Foundations of Non-Equilibrium Economics
The principle of circular and cumulative causation
Edited by Sebastian Berger
9The Handbook of Pluralist Economics Education
Edited by Jack Reardon
10The Coming of Age of Information Technologies and the Path of Transformational Growth
A long run perspective on the 2000s recession
Davide Gualerzi
11Cultural Economics and Theory
The evolutionary economics of David Hamilton.
William M. Dugger, William Waller, David Hamilton, and Glen Atkinson
12The Cultural and Political Economy of Recovery
Social learning in a post-disaster environment
Emily Chamlee-Wright
13The Foundations of Institutional Economics
By K. William Kapp
Edited by Sebastian Berger and Rolf Steppacher
14Alternative Theories of Competition
Edited by Jamee K. Moudud, Cyrus Bina and Patrick L. Mason
15In Defense of Post-Keynesian and Heterodox Economics
Responses to their critics
Edited by Frederic S. Lee and Marc Lavoie
16The US Economy and Neoliberalism
Alternative strategies and policies
Edited by Nikolaos Karagiannis, Zagros Madjd-Sadjadi and Swapan Sen
17Technological Change and Network Effects in Growth Regimes
Exploring the microfoundations of economic growth
Torsten Heinrich
18The Foundations of Evolutionary Institutional Economics
Generic institutionalism
Manuel Wckerle
19Re-Thinking Economics
Exploring the work of Pierre Bourdieu
Edited by Asimina Christoforou and Michael Lain
20Networks of Institutions
Institutional emergence, social structure and national systems of policies
Shuanping Dai
21An Ecosystem Approach to Economic Stabilization
Escaping the neoliberal wilderness
Rodrick Wallace
22The Economic Crisis in Social and Institutional Context
Theories, policies and exit strategies
Edited by Pasquale Tridico and Sebastiano Fadda
23Trust and Economics
The co-evolution of trust and exchange systems
Yanlong Zhang
24The Heterodox Theory of Social Costs
By K. William Kapp
Edited by Sebastian Berger
25Advancing the Frontiers of Heterodox Economics
Essays in honor of Frederic S. Lee
Edited by Tae-Hee Jo and Zdravka Todorova
26Marx, Veblen, and the Foundations of Heterodox Economics
Essays in honor of John F. Henry
Edited by Tae-Hee Jo and Frederick S. Lee
27The Problem of Production
A new theory of the firm
Per L. Bylund
28A New Economic Theory of Public Support for the Arts
Evolution, Veblen and the predatory arts
Arnaldo Barone

This series was previously published by University of Michigan Press and the following books are available (please contact UMP for more information):

Economics in Real Time
A theoretical reconstruction
John McDermott

Liberating Economics
Feminist perspectives on families, work, and globalization
Drucilla K. Barker and Susan F. Feiner

Socialism After Hayek
Theodore A. Burczak

Future Directions for Heterodox Economics
Edited by John T. Harvey and Robert F. Garnett, Jr.

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