GALBRAITH, John Kenneth & Henry Sturgis Dennison.
Modern Competition and Business Policy.
New York: Oxford University Press , 1938.
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+$500
First edition of Galbraith's first book. Octavo, original cloth. Signed and dated in 1958 by John Kenneth Galbraith. Fine in a near fine dust jacket with light wear to the extremities. Rare, especially in the dust jacket and signed.
Galbraith's ideas often addressed the influence of the potential market power of large corporations (Dunn and Pressman, 2005). He believed that corporations could become price makers, rather than price takers, by weakening the accepted principle of consumer sovereignty (Galbraith, 1970). This, in turn, allowed corporations to efficiently increase the production of their goods if they could achieve the strongest market power.
Modern Competition and Business Policy.
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