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Towards a unified theory of the firm: An historical approach
Authors:Vincent J Tarascio
Institution:(1) University of North Carolina at Chapel Hill, USA
Abstract:Most microtheorists have been preoccupied with the productive aspects of the firm, tending to neglect the questions of capital investment and finance. However, the interdependent nature of production, investment, and finance has not gone totally unrecognized. Over the past 50 years, a handful of economists have written on this interdependence. These economists' works form the intellectual background on which this study is based. With the insights thus gained, the essential features of a unified theory of the firm is outlined.
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