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Wicksteed's classic work, The Co-ordination of the Laws of Distribution, has a central place within the development of marginal productivity theory. It claimed to explain all 'factor returns' on a unified basis and to show how 'marginal productivity factor pricing' just exhausted the total product. It is presented here with a long introduction by the editor, Ian Steedman, who provides both a careful analysis of the text and an assessment of Wicksteed's place within the development of modern economics. This important new edition will make The Co-ordination of the Laws of Distribution accessible to a fresh generation of economists.
- Format: Inbunden
- ISBN: 9781852786847
- Språk: Engelska
- Antal sidor: 128
- Utgivningsdatum: 1992-01-01
- Förlag: Edward Elgar Publishing Ltd