Paul Walker is an economist based in Christchurch, New Zealand. He received his PhD in economics from the University of Canterbury, Christchurch, New Zealand. His research is mainly to do with the history of economic thought and the theory of the firm. He is author of The Theory of the Firm: An Overview of the Economic Mainstream and A Brief Prehistory of the Theory of the Firm, both published by Routledge.

• 1 Introduction; 2 Normative versus positive analysis in the history of the theory of production; 3 The division of labour and the theory of the firm; 4 Proto-neoclassicals and the theory of production; Appendix: a very brief history of perfect competition; 5 The representative firm; 6 The neoclassical model under fire 1940–1970; 7 Conclusion

Paul Walker is an economist based in Christchurch, New Zealand. He received his PhD in economics from the University of Canterbury, Christchurch, New Zealand. His research is mainly to do with the history of economic thought and the theory of the firm. He is author of The Theory of the Firm: An Overview of the Economic Mainstream and A Brief Prehistory of the Theory of the Firm, both published by Routledge.

• 1 Introduction; 2 Normative versus positive analysis in the history of the theory of production; 3 The division of labour and the theory of the firm; 4 Proto-neoclassicals and the theory of production; Appendix: a very brief history of perfect competition; 5 The representative firm; 6 The neoclassical model under fire 1940–1970; 7 Conclusion

Paul Walker is an economist based in Christchurch, New Zealand. He received his PhD in economics from the University of Canterbury, Christchurch, New Zealand. His research is mainly to do with the history of economic thought and the theory of the firm. He is author of The Theory of the Firm: An Overview of the Economic Mainstream and A Brief Prehistory of the Theory of the Firm, both published by Routledge.

• 1 Introduction; 2 Normative versus positive analysis in the history of the theory of production; 3 The division of labour and the theory of the firm; 4 Proto-neoclassicals and the theory of production; Appendix: a very brief history of perfect competition; 5 The representative firm; 6 The neoclassical model under fire 1940–1970; 7 Conclusion