1.

Record Nr.

UNINA9910462574403321

Autore

Nove Alec

Titolo

Efficiency criteria for nationalised industries / / Alec Nove

Pubbl/distr/stampa

Oxon [England] : , : Routledge, , 2011

ISBN

1-299-14912-X

0-203-80278-0

1-136-62920-3

Descrizione fisica

1 online resource (151 p.)

Collana

Routledge revivals

Disciplina

338.62

Soggetti

Government business enterprises

Microeconomics

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

First published in 1973 by George Allen & Unwin.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Title; Copyright; Preface; Contents; 1. Diagnosis; 2. Micro-economics and the Real World; 3. The Argument applied to Eastern Europe; 4. The Relation of Theory to Practice; 5. Pricing and Investment Criteria; 6. Duty, Purpose, Supervision; 7. Theory, Nationalised Industries and Socialism; Reference Notes; Index

Sommario/riassunto

First published in 1973, Efficiency Criteria for Nationalised Industries asks by what criteria we should judge the efficiency of nationalised industries, what we mean by saying they should be run commercially and where the public interest should lie. In this work, Professor Nove believes we answer these questions incorrectly due to a lack of understanding of economic theory and a desire to relate real world economics to that of the text book. The author says many economists, in a world of indivisibilities, complementarities and systems, persist in thinking in terms of one-dimension