A Neo Classical Theory Of Distribution And Wealth

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A Neo-Classical Theory of Distribution and Wealth

Hans U. Buhl
A Neo Classical Theory of Distribution and Wealth Book PDF

Author : Hans U. Buhl
Publisher : Springer Science & Business Media
Page : 155 pages
File Size : 46,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642465680

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A Neo-Classical Theory of Distribution and Wealth by Hans U. Buhl Pdf

The distribution of capital and income in general and its re lation to wealth and economic growth in particular have attrac ted economists' interest for a long time already. Especially the, at least partially, conflicting nature of the two politi cal objectives, namely to obtain substantially large economic growth and a "just" income distribution at the same time, has caused the topic to become a subject of political discussions. As a result of these discussions, numerous models of workers' participation in the profits of growing economies have been developed. To a minor extent and with quite diverse success, some have been implemented in practice. It is far beyond the scope of this work to outline all these approaches from the past centuries and, in particular, the past decades. In economic theory many authors, for instance Kaldor [1955], Krelle [1968], [1983], Pasinetti [1962], Samuelson and Modigli ani [1966], to name but a few, have analyzed the long-term eco nomic implications of workers' saving and investment. While most of this extensive literature is highly interesting, it suffers from the fact that it does not explicitly consider either workers' or capitalists' objectives and thus neglects their impacts on economic growth. Thus, in the framework of a neo-classical model, these objectives and their impacts will be emphasized here.

Theories of Income Distribution

Athanasios Asimakopulos
Theories of Income Distribution Book PDF

Author : Athanasios Asimakopulos
Publisher : Springer Science & Business Media
Page : 258 pages
File Size : 45,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400926615

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Theories of Income Distribution by Athanasios Asimakopulos Pdf

This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.

The Neoclassical Theory of Production and Distribution

C. E. Ferguson,Ferguson C. E.
The Neoclassical Theory of Production and Distribution Book PDF

Author : C. E. Ferguson,Ferguson C. E.
Publisher : Cambridge University Press
Page : 0 pages
File Size : 55,7 Mb
Release : 1969-11
Category : Business & Economics
ISBN : 9780521074537

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The Neoclassical Theory of Production and Distribution by C. E. Ferguson,Ferguson C. E. Pdf

The microeconomic theory of production; Macroeconomic theories of distribution and technological progress.

The Distribution of Wealth

John Bates Clark
The Distribution of Wealth Book PDF

Author : John Bates Clark
Publisher : Cosimo, Inc.
Page : 477 pages
File Size : 48,5 Mb
Release : 2005-09-01
Category : Business & Economics
ISBN : 9781596052529

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The Distribution of Wealth by John Bates Clark Pdf

What would be the rate of wages, if labor and capital were to remain fixed in quantity, if improvements in the mode of production were to stop, if the consolidating of capital were to cease and if the wants of consumers were never to alter? The question assumes, of course, that industry shall go on, and that, notwithstanding a paralysis of the forces of progress, wealth shall continue to be created under the influence of a perfectly unobstructed competition. -from the Preface John Bates Clark was the first American economist with an international reputation-this revolutionary 1899 work is what brought him that distinction. In clear, lucid language that makes his economic philosophy so plain we take it for granted today, Clark lays out his Marginal Productivity Theory of Distribution, a rebuttal to Marx and an apologetic for capitalism. Insisting that in a competitive market economy, all work is fully and fairly recompensed and all labor and capital are, in a very real sense, equal components, Clark shattered then widely held theories of economics with his groundbreaking thesis. And his work continues to influence the global financial situation today. American economist JOHN BATES CLARK (1847-1938), who also wrote the significant The Philosophy of Wealth (1885), was professor of political economy at Columbia University and one of the founders of the American Economic Association. The prestigious John Bates Clark Medal for economic thought is named for him.

Income Distribution Theory

Martin Bronfenbrenner
Income Distribution Theory Book PDF

Author : Martin Bronfenbrenner
Publisher : Routledge
Page : 487 pages
File Size : 52,7 Mb
Release : 2017-09-05
Category : Business & Economics
ISBN : 9781351512824

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Income Distribution Theory by Martin Bronfenbrenner Pdf

This is a well-grounded restatement, defense, and development of the theory of income distribution in both its micro- and macroeconomic aspects. The author, an authority in the field who has spent many years developing the ideas in this book, balances neoclassical theories with Keynesian and ""radical"" approaches. He considers income distribution theory in terms of ideology, statistics, micro- and macroeconomics, income policies, and the poverty problem. The result is a distinctive and comprehensive treatment of a subject that has polarized many economists over many decades. Bronfenbrenner reacts against conventional theories that concentrate on output markets, virtually ignoring input prices. He also opposes the brand of institutionalism that regards ""democratic business unionism"" as an American institution that can do no wrong. Overall, Bronfenbrenner presents an eclectic defense of a ""traditional"" theory of economics that has been under attack from rival viewpoints with insufficient rebuttal, and that proves to be a powerful tool of analysis in dealing with this subject. The book is organized into three main parts: an ideological and statistical personal introduction to income distribution, microeconomic distribution theory, and macroeconomic distribution theory. A final chapter considers incomes policies, with a rather skeptical view of the prospects for political control of income distribution within a basically free economy. The manuscript has been widely used and class tested over the past thirty-five years. The book will be useful to professional economists. It may be used as a basic text in courses on income distribution and as a supplementary text in microeconomic theory.

Modern Theories of Income Distribution

Michael Charles Howard
Modern Theories of Income Distribution Book PDF

Author : Michael Charles Howard
Publisher : Unknown
Page : 214 pages
File Size : 50,9 Mb
Release : 1979
Category : Business & Economics
ISBN : UOM:39015002969460

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Modern Theories of Income Distribution by Michael Charles Howard Pdf

Textbook presenting an introduction to economic theories of income distribution evolved since the 1930s - surveys neoclassical equilibrium theory, and discusses neo-ricardian supply and demand and robinson's and pasinetti's theories. Bibliography pp. 187 to 193 and graphs.

Income Distribution Theory

Martin Bronfenbrenner
Income Distribution Theory Book PDF

Author : Martin Bronfenbrenner
Publisher : Routledge
Page : 487 pages
File Size : 55,9 Mb
Release : 2017-07-14
Category : Electronic
ISBN : 1138525987

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Income Distribution Theory by Martin Bronfenbrenner Pdf

This is a well-grounded restatement, defense, and development of the theory of income distribution in both its micro- and macroeconomic aspects. The author, an authority in the field who has spent many years developing the ideas in this book, balances neoclassical theories with Keynesian and "radical" approaches. He considers income distribution theory in terms of ideology, statistics, micro- and macroeconomics, income policies, and the poverty problem. The result is a distinctive and comprehensive treatment of a subject that has polarized many economists over many decades. Bronfenbrenner reacts against conventional theories that concentrate on output markets, virtually ignoring input prices. He also opposes the brand of institutionalism that regards "democratic business unionism" as an American institution that can do no wrong. Overall, Bronfenbrenner presents an eclectic defense of a "traditional" theory of economics that has been under attack from rival viewpoints with insufficient rebuttal, and that proves to be a powerful tool of analysis in dealing with this subject. The book is organized into three main parts: an ideological and statistical personal introduction to income distribution, microeconomic distribution theory, and macroeconomic distribution theory. A final chapter considers incomes policies, with a rather skeptical view of the prospects for political control of income distribution within a basically free economy. The manuscript has been widely used and class tested over the past thirty-five years. The book will be useful to professional economists. It may be used as a basic text in courses on income distribution and as a supplementary text in microeconomic theory.

Adam Smith’s Theory of Value and Distribution

Rory O'Donnell
Adam Smith s Theory of Value and Distribution Book PDF

Author : Rory O'Donnell
Publisher : Springer
Page : 288 pages
File Size : 44,7 Mb
Release : 2016-02-05
Category : Business & Economics
ISBN : 9781349109081

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Adam Smith’s Theory of Value and Distribution by Rory O'Donnell Pdf

This book looks at the value and distribution debates on the theories of Adam Smith. A variety of the aspects of his work are covered in this book such as his labour command measure, as are a number of interpretations and criticisms.

Economic Growth and Distribution

Neri Salvadori
Economic Growth and Distribution Book PDF

Author : Neri Salvadori
Publisher : Edward Elgar Publishing
Page : 452 pages
File Size : 40,8 Mb
Release : 2006
Category : Dağılım (Ekonomi teorisi)
ISBN : UCSD:31822035632181

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Economic Growth and Distribution by Neri Salvadori Pdf

Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; and the role of institutions. For its emphasis on comparisons and complementariness among alternative theories of growth and distribution, Economic Growth and Distribution complements the work of advanced textbooks on the topic. It is a companion to Innovation, Unemployment and Policy in the Theories of Growth and Distribution (edited by N. Salvadori and R. Balducci) and Classical, Neoclassical and Keynesian Views on Growth and Distribution (edited by N. Salvadori and C. Panico). The book will be appreciated by scholars of the theory of economic growth, the theory of distribution, macroeconomics, classical and Keynesian economics, as well as historians of economic thought.

Contending Economic Theories

Richard D. Wolff,Stephen A. Resnick
Contending Economic Theories Book PDF

Author : Richard D. Wolff,Stephen A. Resnick
Publisher : MIT Press
Page : 425 pages
File Size : 43,8 Mb
Release : 2012-09-07
Category : Business & Economics
ISBN : 9780262517836

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Contending Economic Theories by Richard D. Wolff,Stephen A. Resnick Pdf

A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

The Neoclassical Theory of Production and Distribution

Charles E. Ferguson
The Neoclassical Theory of Production and Distribution Book PDF

Author : Charles E. Ferguson
Publisher : Unknown
Page : 420 pages
File Size : 49,8 Mb
Release : 1969-11
Category : Business & Economics
ISBN : UOM:39015002343864

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The Neoclassical Theory of Production and Distribution by Charles E. Ferguson Pdf

The microeconomic theory of production; Macroeconomic theories of distribution and technological progress.

Readings in the Theory of Growth

F.H. Hahn
Readings in the Theory of Growth Book PDF

Author : F.H. Hahn
Publisher : Springer
Page : 289 pages
File Size : 44,9 Mb
Release : 1971-03-01
Category : Business & Economics
ISBN : 9781349154302

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Readings in the Theory of Growth by F.H. Hahn Pdf