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In traditional economic writings dealing with the economy as a whole, it is usually assumed that prices are highly flexible and that economic adjustm… - Gardiner Means
" "In traditional economic writings dealing with the economy as a whole, it is usually assumed that prices are highly flexible and that economic adjustment is brought about through price changes. We are going to examine inflexible prices.
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About Gardiner Means
Gardiner Coit Means (June 8, 1896 – Feb. 15, 1988) was an American economist, government advisor and researcher, who worked at the . At he had met lawyer-diplomat Adolf Berle, and together they wrote the seminal work of corporate governance, The Modern Corporation and Private Property (1932).
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Gardiner Coit Means
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Additional quotes by Gardiner Means
Economic and political developments have forced upon us a great problem of analysis in the field of politico-economic organization. The center of this problem lies in the midground between the science of politics and the science of economics and its scope is coterminous with the scope of both. It demands the best minds of both science to forge a new pattern of thinking which will weld the elements of politics and economics into an integrated whole having validity in the present day.
It is in the development of further administrative coordination that we must come to political scientists for aid. We ask that you apply to the field of economic administration the technique of analysis and principles of organization which you have developed in the study of administrative organization in the form of the state.
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