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The Theory of the Firm in Historical Retrospect

In: The Theory of the Firm

Author

Listed:
  • P. J. Curwen

Abstract

It is appropriate to begin this book with a brief résumé of the development of economic thought relating to the theory of the firm.1 Deciding where to begin, however, immediately presents problems. Whereas it is universally agreed that the work of Chamberlin and Robinson dining the 1930s, to which we will shortly return, constitutes a cohesive theory of the firm, no such agreement exists with respect to the writings of late-nineteenth and early-twentieth century economists. In order to suggest why this is so however, we need to begin with the writings of Adam Smith in 1776, so that the reader can best be left to judge this issue for himself.

Suggested Citation

  • P. J. Curwen, 1976. "The Theory of the Firm in Historical Retrospect," Palgrave Macmillan Books, in: The Theory of the Firm, chapter 0, pages 3-7, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-15645-0_1
    DOI: 10.1007/978-1-349-15645-0_1
    as

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