Gardiner Means

Gardiner Means

Gardiner C. Means (1896–1988) was an American economist. He worked at Harvard University where he met Adolf Berle. Together they wrote the seminal work of corporate governance, "The Modern Corporation and Private Property". Means followed the institutionalist tradition of economists. In 1934 he created to the term "administered prices" to refer to prices set by firms in monopoly positions. In "The Corporate Revolution in America" (1962) he wrote,

"We now have single corporate enterprises employing hundreds of thousands of workers, having hundreds of thousands of stockholders, using billions of dollars' worth of the instruments of production, serving millions of customers, and controlled by a single management group. These are great collectives of enterprise, and a system composed of them might well be called "collective capitalism."

Means argued that where the economy is fuelled through big firms, it is the interests of management, not the public that govern society.

Writing by Means

* "The Modern Corporation and Private Property" with Adolf Berle (1932)
* "Industrial Prices and their Relative Inflexibility" (1935)
* "Patterns of Resource Use" (1938)
* "The Structure of the American Economy" (1939)
* "Pricing Power and the Public Interest" (1962)
* "The Corporate Revolution in America" (1962)
* "Simultaneous Inflation and Unemployment: Challenge to theory and policy" (1975)
* "The Heterodox Economics of Gardiner C. Means: A collection" 1991.
* "A Monetary Theory of Employment" 1994.

ee also

*History of economic thought

Notes

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Gardiner Means — Gardiner C. Means (1896–1988) est un économiste américain. Il a travaillé à l université Harvard où il a rencontré Adolf Berle. Ensemble ils ont écrit un ouvrage clé de la gouvernance d entreprise : The Modern Corporation and Private… …   Wikipédia en Français

  • Means (surname) — Means is a surname, and may refer to Carey Means, an American voice actor David Means, an American writer Gardiner Means (1896–1988), an American economist Gaston Means (1879–1938), an American private detective, bootlegger, and con artist Jimmy… …   Wikipedia

  • Gardiner Expressway — Infobox road highway name = Gardiner Expressway marker alternate name = Frederick G. Gardiner Expressway length = direction = East/West [http://maps.google.ca/maps?f=d hl=en geocode= saddr=QEW+%26+Gardiner+Expy,+Etobicoke,+Toronto,+Ontario+M8W,+Ca… …   Wikipedia

  • Robert Gardiner Hill — MD (1811 1878) was born in Louth, Lincoln, of parents engaged in trade. He is normally credited with being the first superintendent of a small asylum (approximately 100 patients) to develop a mode of treatment where by the reliance on mechanical… …   Wikipedia

  • Mabel Gardiner Hubbard — (c.1917), who became completely deaf at age five …   Wikipedia

  • John Gardiner Richards — John Gardiner Richards, Jr. (* 11. September 1864 in Liberty Hill, South Carolina; † 9. Oktober 1941 ebenda) war ein US amerikanischer Politiker und von 1927 bis 1931 Gouverneur von South Carolina. Inhaltsverzeichnis 1 Frühe Jahre und politischer …   Deutsch Wikipedia

  • Adolf Augustus Berle — (* 27. Januar 1895 in Boston, Massachusetts; † 17. Februar 1971 in New York City) war ein US amerikanischer Jurist und Verfasser mehrerer Bücher über die amerikanische Wirtschaft …   Deutsch Wikipedia

  • Corporate law — (also company or corporations law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm.… …   Wikipedia

  • Économie — Pour les articles homonymes, voir économie (homonymie). L’économie (du grec ancien οἰκονομία / oikonomía : « administration d un foyer », créé à partir d οἶκος / oîkos : « maison », dans le sens de… …   Wikipédia en Français

  • The Modern Corporation and Private Property — is a book written by Adolf Berle and Gardiner Means and published in 1932. It explores the evolution of big business through a legal and economic lens, and argues that in the modern world those who legally have ownership over companies have been… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”