The beginning of this economic concept, economies of the scale, can be dated back to Adam Smith, who was a Scottish pioneer of political economy and an importan

The presence of nonconvexities does severe damage to conventional theories of the firm and of the individual. The essential contribution of location theory, how

First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the

Unscaled identifies the forces that are reshaping the global economy and turning one of the fundamental laws of business and society -- the economies of scale -

On economies of scale during the nineteenth century, much is assumed, but little is known. This study, first published in 1985, seeks to close this gap in our k