Structural Macroeconomic Change and the Size Pattern of Manufacturing Firms
Publisher: Palgrave Macmillan
Published: January 17, 2004
Language: eng
Format: Hardcover
Number of pages: 192
ISBN-13: 9781403918048
Subjects: Macroeconomics; Manufacturing industries; Ownership & organization of enterprises; Business/Economics; Business & Economics; Business / Economics / Finance; Size; Economics - General; Industries - General; Business & Economics / Economics / General; Business enterprises; Small business
First sentence: 1.1.1 Towards the end of the 1960s, J.K. Galbraith began his analysis of the working of the "New Industrial State" with the blunt remark that "the part of the economy...of which the most conspicuous manifestation is the modern big corporation...is the part...we identify with the modern industrial society...To understand the rest of the economy...is to understand every little" (Galbraith 1967, p.9).